Rodriguez Corporation issues 16,000 shares of its common stock for $266,900 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $16 par value. 2. The stock has neither par nor stated value. 3. The stock has a $8 stated value. View transaction list Journal entry worksheet A B C Record the issue of 16,000 shares of $16 par value common stock $266,900 cash. Note: Enter debits before credits Transaction 1 General Journal Debit Credit