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Rodriguez Corporation issues 16,000 shares of its common stock for $69,900 cash on February 20. Prepare journal entries to record this event under each of

Rodriguez Corporation issues 16,000 shares of its common stock for $69,900 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $2 par value. The stock has neither par nor stated value. The stock has a $1 stated value.

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