4 Prepare the issuer's journal entry for each of the following separate transactions. 1.11 points a. On March 1, Atlantic Company issues 45,000 shares of $3 par value common stock for $305,000 cash. b. On April 1, OP Company issues no-par value common stock for $75,000 cash. c. On April 6, MPG issues 2,500 shares of $25 par value common stock for $44,000 of inventory, $160,000 of machinery, and acceptance of a $94,000 note payable. eBook View transaction list Hint Journal entry worksheet 1 2 3 Print > References Record the issuance of 45,000 shares of $3 par value common stock for $305,000 cash. Note: Enter debits before credits. Transaction General Journal Cash Common stock, $3 par value Credit Debit 305,000 a. 4 Prepare the issuer's journal entry for each of the following separate transactions. 1.11 points a. On March 1, Atlantic Company issues 45,000 shares of $3 par value common stock for $305,000 cash. b. On April 1, OP Company issues no par value common stock for $75,000 cash. c. On April 6, MPG issues 2,500 shares of $25 par value common stock for $44,000 of inventory, $160,000 of machinery, and acceptance of a $94,000 note payable. eBook View transaction list 101 Hint Journal entry worksheet Print 2 3 Record the issuance of no-par value common stock for $75,000 cash. References Note: Enter debits before credits. Transaction General Journal Debit Credit b. 4 Prepare the issuer's journal entry for each of the following separate transactions. 1.11 points a. On March 1, Atlantic Company issues 45,000 shares of $3 par value common stock for $305,000 cash. b. On April 1, OP Company issues no-par value common stock for $75,000 cash. c. On April 6, MPG issues 2,500 shares of $25 par value common stock for $44,000 of inventory, $160,000 of machinery, and acceptance of a $94,000 note payable. eBook View transaction list Hint Journal entry worksheet 2 3 Print > References Record the issuance of 2,500 shares of $25 par value common stock for $44,000 of inventory, $160,000 of machinery, and acceptance of a $94,000 note payable. Note: Enter debits before credits. Transaction General Journal Debit Credit c