Business, 18.01.2021 14:00 changav36832
Rodriguez Corporation issues 8,000 shares of its common stock for $208,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
a. The stock has a $14 par value.
b. The stock has neither par nor stated value.
c. The stock has a $7 stated value.
Answers: 3
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Rodriguez Corporation issues 8,000 shares of its common stock for $208,800 cash on February 20. Prep...
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