Rodriguez Corporation issues 8,000 shares of its common stock for $48,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.

The stock has a $4 par value.

The stock has neither par nor stated value.

The stock has a $2 stated value.

Record the issue of 8,000 shares of $4 par value common stock for $48,000 cash.

Record the issue of 8,000 shares of no-par, no-stated value common stock for $48,000 cash.

Record the issue of 8,000 shares of $2 stated value common stock for $48,000 cash.