Question: Check my work View Exercise 13-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock
Check my work View Exercise 13-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock for $181,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. View transaction list Journal entry worksheet 1 2 3 > Record the issue of 9,000 shares of $18 par value common stock for $181,600 cash. Note: Enter debits before credits Transaction General Journal Debit Credit Prev 1 of 9 HH Next >
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