Question:

Rodriguez Corporation issues 19 000 shares of its common

Last updated: 10/6/2023

Rodriguez Corporation issues 19 000 shares of its common

Rodriguez Corporation issues 19 000 shares of its common stock for 212 500 cash on February 20 Prepare journal entries to record this event under each of the following separate situations 1 The stock has a 10 par value 2 The stock has neither par nor stated value 3 The stock has a 5 stated value View transaction list Journal entry worksheet A B C Record the issue of 19 000 shares of 10 par value common stock for 212 500 cash Transaction Note Enter debits before credits General Journal Debit Credit