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Rodriguez Corporation issues 9,000 shares of its common stock for $90,300 cash on February 20 . Prepare journal entries to record this event under each
Rodriguez Corporation issues 9,000 shares of its common stock for $90,300 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2. The stock has neither par nor stated value. 3. The stock has a $4 stated value. Journal entry worksheet Record the issue of 9,000 shares of $8 par value common stock for $90,300 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 9,000 shares of no-par, no-stated value common stock for $90,300 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 9,000 shares of $4 stated value common stock for $90,300 cash. Note: Enter debits before credits
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