1 1 42 points Check my work mode This shows what is correct or incorrect for the work you have completed so far It does not

Question

1 1 42 points Check my work mode This shows what is correct or incorrect for the work you have completed so far It does not indicate completion 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 No A B C Transaction 1 2 3 Cash Common stock 10 par value Paid in capital in excess of par value common stock Cash Answer is complete but not entirely correct General Journal Common stock no par value Cash Common stock 5 stated value Paid in capital in excess of stated value common stock 333 33 Debit 212 500 212 500 212 500 Credit 125 000x 87 500 212 500 Return to question 62 500x 150 000 x

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