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

a$.$ On March $1.$ Atlantic Company issues $47,500$ shares of $$4$ par value common stock for $$312,500$ cash.

b$.$ On April $1,$ OP Company issues no$-$par value common stock for $$80,000$ cash.

c$.$ On April $6,$ MPG issues $3,000$ shares of $$15$ par value common stock for $$49,000$ of inventory, $$150,000$ of machinery, and acceptance of a $$99,000$ note payable.

Journal entry worksheet

$1$

$2$

$3$

Record the issuance of $47,500$ shares of $$4$ par value common stock for $$312,500$cash.

Note: Enter debils berore whets.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

Pesmental

Chearently