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  3. prepare the issuer's journal entry for each of the

Prepare the issuer's journal entry for each of the following separate transactions. a. On March...

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Accounting

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Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1, Atlantic Company issues 51,000 shares of $3 par value common stock for $323,000 cash. b. On April 1, OP Company issues no-par value common stock for $87,000 cash. c. On April 6, MPG issues 3,700 shares of $15 par value common stock for $56,000 of inventory, $170,000 of mac acceptance of a $92,000 note payable. Journal entry worksheet Record the issuance of 51,000 shares of $3 par value common stock for $323,000 cash. Note: Enter debits before credits

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