Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1 Atlantic Co. Issues 48,500 shares of $3 par value common stock for $315,500 cash. b. On April 1. OP Co. issues no-par value common stock for $82,000 cash. c. On April 6, MPG issues 3,200 shares of $25 par value common stock for $51,000 of inventory $160,000 of machinery, and acceptance of a $101.000 note payable. View transaction list Journal entry worksheet 1 2 3 > Record the issuance of 48,500 shares of $3 par value common stock for $315,500 cash. Note: Enter debits before credits Transaction General Journal Debit Credit a.