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Business, 16.03.2020 20:52 bossboybaker

Rodriguez Corporation issues 8,000 shares of its common stock for $50,000 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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Rodriguez Corporation issues 8,000 shares of its common stock for $50,000 cash on February 20. Prepa...

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