Rodriguez Corporation issues 6,000 shares of its common stock for $118,400 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.

a. Record the issue of 6,000 shares of $18 par value common stock for $118,400 cash.

b. Record the issue of 6,000 shares of no-par, no-stated value common stock for $118,400 cash.

c .Record the issue of 6,000 shares of $9 stated value common stock for $118,400 cash.