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Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. Prepare journal entries to record this event under each of

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Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 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 $5 stated value. Answer is not complete. No Transaction General Journal Credit 1 1 Debit 152,000 Cash Common stock, $2 par value 3 152,000 2 2 152.000 Cash Common stock, no par value Paid-in capital in excess of stated value, common stock 19,000 3 114,000 3 3 152,000 Cash Common stock, 35 stated value Paid-in capital in excess of stated value, common stock O 95,000 67,000

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