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Rodriguez Corporation issues 9,000 shares of its common stock for $186,500 cash on February 20. Prepare journal entries to record this event under each of
Rodriguez Corporation issues 9,000 shares of its common stock for $186,500 cash on February 20. Prepare journal entries to record this event under each of the following sepaae situations. 1. The stock has a $16 par value. 2. The stock has neither par nor stated value 3. The stock has a $8 stated value. View transaction list Journal entry worksheet 3 Record the issue of 9,000 shares of $16 par value common stock for $186,500 cash. Note: Enter debits before credits. Transactio General Journal Debit Credit Record entry Clear entry View general journal
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