Prepare the issuer's journal entry for each of the following separate transactions a. On March 1, Atlantic Co. issues 52.000 shares of $5 par value common stock for $326,000 cash. b. On April 1, OP Co. issues no-par value common stock for $89,000 cash. c. On April 6, MPG issues 3,900 shares of $25 par value common stock for $58,000 of inventory, $180,000 of acceptance of a $94,000 note payable. Journal entry worksheet Record the issuance of 52,000 shares of $5 par value common stock for $326,000 cash. Prey 4of10 Next > to search