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. >

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter15: Contributed Capital

Section: Chapter Questions

Problem 1RE: Brown Corporation issues 800 shares of its 5 par common stock for 20 per share. Prepare the journal...

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