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Rodriguez Corporation issues 16,000 shares of its common stock for $303,300 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 $303,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. View transaction list Journal entry worksheet Record the issue of 16,000 shares of $18 par value common stock for $303,300 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general Journal View transaction list Journal entry worksheet Record the issue of 16,000 shares of no-par, no-stated value common stock for $303,300 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction 2 Record entry Clear entry View general Journal View transaction list Journal entry worksheet A B > Record the issue of 16,000 shares of $9 stated value common stock for $303,300 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction 3 Record entry Clear entry View general Journal
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