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Saved Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1, Atlantic Co. Issues 44,000 shares of $5 par

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Saved Prepare the issuer's journal entry for each of the following separate transactions. a. On March 1, Atlantic Co. Issues 44,000 shares of $5 par value common stock for $302.000 cash. b. On April 1, OP Co. issues no-par value common stock for $73,000 cash. c. On April 6, MPG issues 2.300 shares of $15 par value common stock for $42,000 of inventory. $150,000 of machinery, and acceptance of a $92,000 note payable. View transaction list Journal entry worksheet 1 2 3 > Record the issuance of 44,000 shares of $5 par value common stock for $302,000 cash Note: Enter debits before credits Transaction Credit a General Journal Cash Common stock, $5 par value Paid in capital in excess of par value, common stock Debit 302.000 Record entry Clear entry View general journal

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