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a. On March 1, Atlantic Co. issues 43,500 shares of $4 par value common stock for $300,500 cash. b. On April 1, OP Co. issues
a. On March 1, Atlantic Co. issues 43,500 shares of $4 par value common stock for $300,500 cash. b. On April 1, OP Co. issues no-par value common stock for $72,000 cash. c. On April 6, MPG issues 2,200 shares of $25 par value common stock for $41,000 of inventory, $145,000 of machinery, a acceptance of a $91,000 note payable. View transaction list Journal entry worksheet 1 2 3 > Record the issuance of 43,500 shares of $4 par value common stock for $300,500 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Journal entry worksheet Record the issuance of 2,200 shares of $25 par value common stock for $41,000 of inventory, $145,000 of machinery, and acceptance of a $91,000 note payable. Note: Enter debits before credits. Transaction General Journal Debit Credit c. Record entry Clear entry View general journal
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