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Rodriguez Corporation issues 16,000 shares of its common stock for $141,800 cash on February 20....

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Accounting

Rodriguez Corporation issues 16,000 shares of its common stock for $141,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $6 par value. The stock has neither par nor stated value. The stock has a $3 stated value

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