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Rodriguez Corporation issues 15,000 shares of its common stock for $221,300 cash on February 20. Prepare journal entries to record this event under each
Rodriguez Corporation issues 15,000 shares of its common stock for $221,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $12 par value. 2. The stock has neither par nor stated value. 3. The stock has a $6 stated value. View transaction list Journal entry worksheet < B C Record the issue of 15,000 shares of $12 par value common stock for $221,300 cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Prev 5 of 20 Next >
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