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Rodriguez Corporation issues 16,000 shares of its common stock for $329,300 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 $329,300 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 Import a new list 1 Record the issue of 16,000 shares of $18 par value common stock for $329,300 cash. Record the issue of 16,000 shares of no-par, no-stated value common stock for $329,300 cash. 2 Record the issue of 16,000 shares of $9 stated value common stock for $329,300 cash 3 Credit bit Note:journal entry has been entered View general journal Record entry Clear entry
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