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

On March 1, Atlantic Co. issues 49,500 shares of $4 par value common stock for $318,500 cash.

On April 1, OP Co. issues no-par value common stock for $84,000 cash.

On April 6, MPG issues 3,400 shares of $20 par value common stock for $53,000 of inventory, $150,000 of machinery, and acceptance of a $103,000 note payable.

Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1, Atlantic Co. issues 49,500 shares of $4 par value common stock for $318,500 cash b. On April 1, OP Co. issues no-par value common stock for $84,000 cash .On April 6, MPG issues 3,400 shares of $20 par value common stock for $53,000 of inventory, $150,000 of machinery, and acceptance of a $103,000 note payable. View transaction list Journal entry worksheet Record the issuance of 49,500 shares of $4 par value common stock for $318,500 cash. Note: Enter debits before credits. Transaction General Journal bit Credit a. Record entry Clear entry View general journal

Question

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

On March 1, Atlantic Co. issues 49,500 shares of $4 par value common stock for $318,500 cash.

On April 1, OP Co. issues no-par value common stock for $84,000 cash.

On April 6, MPG issues 3,400 shares of $20 par value common stock for $53,000 of inventory, $150,000 of machinery, and acceptance of a $103,000 note payable.

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Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1, Atlantic Co. issues 49,500 shares of $4 par value common stock for $318,500 cash b. On April 1, OP Co. issues no-par value common stock for $84,000 cash .On April 6, MPG issues 3,400 shares of $20 par value common stock for $53,000 of inventory, $150,000 of machinery, and acceptance of a $103,000 note payable. View transaction list Journal entry worksheet Record the issuance of 49,500 shares of $4 par value common stock for $318,500 cash. Note: Enter debits before credits. Transaction General Journal bit Credit a. Record entry Clear entry View general journal

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Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 49,500 shares of $4 par value common

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