Rodriguez Corporation issues 16,000 shares of its common stock for $46,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations, 1. The stock has a $2 par value. 2. The stock has neither par nor stated value. 3. The stock has a $1 stated value. View transaction list Journal entry worksheet Record the issue of 16,000 shares of $1 stated value common stock for $46,300 cash. Note: Enter debits before credits General Journal Transaction 3 Debit Credit