Rodriguez Corporation issues 19,000 shares of its common stock for $152.000 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 $5 stated value View transaction list Journal entry worksheet < < A Record the issue of 19,000 shares of $2 par value common stock for $152,000 cash. Transaction Note: Enter debits before credits. A B Journal entry worksheet B с C Note: Foter dabits hafore readits B 4 Record the issue of 19,000 shares of no-par, no-stated value common stock for $152,000 cash. General Journal Journal entry worksheet C Debit Credit Record the issue of 19,000 shares of $5 stated value common stock for $152,000 cash. >
Rodriguez Corporation issues 19,000 shares of its common stock for $152.000 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 $5 stated value View transaction list Journal entry worksheet < < A Record the issue of 19,000 shares of $2 par value common stock for $152,000 cash. Transaction Note: Enter debits before credits. A B Journal entry worksheet B с C Note: Foter dabits hafore readits B 4 Record the issue of 19,000 shares of no-par, no-stated value common stock for $152,000 cash. General Journal Journal entry worksheet C Debit Credit Record the issue of 19,000 shares of $5 stated value common stock for $152,000 cash. >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
answer in text form please (without image), Note: .Every entry should have narration please
Transcribed Image Text:Rodriguez Corporation issues 19,000 shares of its common stock for $152.000 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 $5 stated value
View transaction list
Journal entry worksheet
<
<
A
Record the issue of 19,000 shares of $2 par value common stock for $152,000
cash.
Transaction
Note: Enter debits before credits.
A
B
Journal entry worksheet
B
с
C
Note: Foter dabits hafore readits
B
4
Record the issue of 19,000 shares of no-par, no-stated value common stock for
$152,000 cash.
General Journal
Journal entry worksheet
C
Debit Credit
Record the issue of 19,000 shares of $5 stated value common stock for
$152,000 cash.
>
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