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Business, 06.08.2021 21:50 jetblackcap

Exercise 13-3 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 8,000 shares of its common stock for $203,700 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. The stock has a $20 par value. The stock has neither par nor stated value. The stock has a $10 stated value.

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Exercise 13-3 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation iss...
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