Rodriguez Corporation issues 7,000 shares of its common stock for $91,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value. 3. The stock has a $3 stated value. A No Answer is complete but not entirely correct. Transaction 1 Cash Common stock, no-par value General Journal Debit Credit 91,600 Paid-in capital in excess of par value, common stock 56,000 x 20,600 X B 2 Cash Common stock, no-par value 91,6000 76,600 x C 3 Cash 91,600 Common stock, no-par value 28,000 x Paid-in capital in excess of stated value, common stock 48,600X