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Rodriguez Corporation issues 18.000 shares of its common stock for $47,600 cash on February 20. Prepare journal entries to record this event under each of

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Rodriguez Corporation issues 18.000 shares of its common stock for $47,600 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 1 2 3 Record the issue of 18,000 shares of $2 par value common stock for $47,600 cash Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal

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