Rodriguez Corporation issues 15,000 shares of its common stock for $244,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.

1. The stock has a $14 par value.
2. The stock has neither par nor stated value.
3. The stock has a $7 stated value.

Journal entries :

2.

Prepare journal entries to record the following transactions for Emerson Corporation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

July 15	Declared a cash dividend payable to common stockholders of $169,000.
August 15	Date of record is August 15 for the cash dividend declared on July 15.
August 31	Paid the dividend declared on July 15.

Chapters 13 & 14 Saved Help Save & Exit Submit Check my work View transaction list X > A Record the issue of 15,000 shares of $14 par value common stock for $244,800 cash. 7:41 B Record the issue of 15,000 shares of no-par, no-stated value common stock for $244,800 cash. Record the issue of 15,000 shares of $7 stated value common stock for $244,800 cash. Credit DO 180,000 Note : = journal entry has been entered Record entry Clear entry View general journal Prev 1 of 6 HE Next > Chapters 13 & 14 Saved Help Save & Exit Submit Check my work July 15 Declared a cash dividend payable to common stockholders of $169,000. August 15 Date of record is August 15 for the cash dividend declared on July 15. August 31 Paid the dividend declared on July 15. View transaction list X :49 > 1 Record the declaration of a cash dividend payable to common stockholders. Iders. 2 Record the entry on the date of record for the cash dividend of $169,000. 3 Record the payment of cash dividend. Credit Note : = journal entry has been entered Record entry Clear entry View general journal