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

a$.$ On March $1,$ Atlantic Company issues $43,500$ shares of $$4$ par value common stock for $$300,500$ cash.

b$.$ On April $1,$ OP Company 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, $$145,000$ of machir acceptance of a $$91,000$ note payable.

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.