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Rodriguez Corporation issues 7,000 shares of its common stock for $64,300 cash on February 20. Prepare journal entries to record this event under each of

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Rodriguez Corporation issues 7,000 shares of its common stock for $64,300 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. 1 2 3 Record the issue of 7,000 shares of $6 par value common stock for $64,300 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Journal entry worksheet Record the issue of 7,000 shares of no-par, no-stated value common stock for $64,300 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal Journal entry worksheet

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