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Business, 15.04.2020 02:16 cfonse11

Rodriguez Corporation issues 19,000 shares of its common stock for $78,800 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 19,000 shares of its common stock for $78,800 cash on February 20. Prep...

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