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Rodriguez Corporation Issues 20,000 shares of Its common stock for $194,300 cash on February 20. Prepare journal entrles to record this event under each of
Rodriguez Corporation Issues 20,000 shares of Its common stock for $194,300 cash on February 20. Prepare journal entrles to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $4 stated value. Journal entry worksheet Record the issue of 20,000 shares of $8 par value common stock for $194,300 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 20,000 shares of no-par, no-stated value common stock for $194,300 cash. Note: Enter debits before credits. Record the issue of 20,000 shares of $4 stated value common stock for $194,300 cash. Note: Enter debits before credits
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