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Rodriguez Corporation issues 8,000 shares of its common stock for $171,300 cash on fevuary 20....

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Accounting

Rodriguez Corporation issues 8,000 shares of its common stock for $171,300 cash on fevuary 20. Prepare journal entries to record this event under each of the following separate situations.
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Exercise 13-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 8.000 shares of its common stock for $171,300 cash on February 20 . Prepare journal entries to recond this event under each of the following separate situations 1. The stock has a $18 parvalue. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. Journal entry worksheet Record the issue of 8,000 shares of $18 par value common stock for $171,300 cosh. Exercise 13-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 8.000 shares of its common stock for $171,300 cash on February 20 . Prepare joumal entries to record this event under each of the following separate situations. 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. Journal entry worksheet Record the issue of 8,000 shares of $9 stated value common stock for $171,300cash. Note: Enter debits before credits. Exercise 13-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 8,000 shares of its common stock for $171,300 cash on February 20. Prepare joumal entries fo record this event under each of the following separate situations. 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. Journal entry worksheet Record the issue of 8,000 shares of no-par, no-stated value common stock for $171,300 cash. Noter Enter debits before ciedits. Exercise 13-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 8.000 shares of its common stock for $171,300 cash on February 20 . Prepare joumal entries to record this event under each of the following separate situations. 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. Journal entry worksheet Record the issue of 8,000 shares of $9 stated value common stock for $171,300cash. Note: Enter debits before credits

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