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Mathematics, 03.12.2021 02:40 giselaarcides

Rodriguez Corporation issues 14,000 shares of its common stock for $43,900 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
1. The stock has a $2 par value.
2. The stock has neither par nor stated value.
3. The stock has a $1 stated value.
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Journal entry worksheet
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Record the issue of 14,000 shares of $2 par value common stock for $43,900
cash.
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