Rodriguez Corporation issues 5,000 shares of its common stock for $114,600 cash on February 20. Prepare...
Rodriguez Corporation issues 10,000 shares of its common stock for $159,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2. The stock has neither par nor stated value. 3. The stock has a $7 stated value. Journal entry worksheet A B C Record the issue of 10,000 shares of $14 par value common stock for $159,600 cash. Note: Enter debits before credits....
Rodriguez Corporation issues 10,000 shares of its common stock for $125,100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2. The stock has neither par nor stated value. 3. The stock has a $4 stated value. View transaction list Journal entry worksheet 1 2 3 Record the issue of 10,000 shares of $8 par value common stock for $125,100 cash. Record the...
Rodriguez Corporation issues 6,000 shares of its common stock for $118,400 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $18 par value. The stock has neither par nor stated value. The stock has a $9 stated value. a. Record the issue of 6,000 shares of $18 par value common stock for $118,400 cash. b. Record the issue of 6,000 shares of no-par, no-stated value common...
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. The stock has a $2 par value. The stock has neither par nor stated value. The stock has a $5 stated value.
Rodriguez Corporation issues 11,000 shares of its common stock for $154,100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $12 par value. The stock has neither par nor stated value. The stock has a $6 stated value.
Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO PI Rodriguez Corporation issues 15,000 shares of its common stock for $99,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has neither par nor stated value 3. The stock has a $2 stated value. View transaction list Journal entry worksheet 2 3 nces Record the issue of 15,000...
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. Answer is not complete. No Transaction General Journal Credit 1 1 Debit 152,000 Cash Common stock, $2 par value 3 152,000 2 2 152.000 Cash Common...
just need the last two credits i cant firgure it out thanks! work 11 Rodriguez Corporation issues 8,000 shares of its common stock for $130100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $12 par value 2. The stock has neither par nor stated value 3. The stock has a $6 stated value View transaction lit Journal entry worksheet < A Record the issue of...
Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $44,000. The stock has $2 per share stated value. Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $44,000. The stock has no stated value. Record the issue of 1,000 shares of $100 par value preferred stock for $144,000 cash. Prepare journal entries to record...
Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be...