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Rodriguez Corporation issues 14,000 shares of its common stock for $263,800 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.

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Rodriguez Corporation issues 14,000 shares of its common stock for $263,800 cash on February 20. Pre...
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