Prepare the issuers journal entry for each of the following separate transactions. A....
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Accounting
Prepare the issuers journal entry for each of the following separate transactions.
A. On March 1, Atlantic Co. issues 51,000 shares of $4 par value common stock for $357,000 cash.
B. On April 1, Antigo Company isshes no-par value common stock for $75,000 cash.
C. On April 6, MPG issues 4,200 shares of $18 par value common stock for $42,000 of inventory, $160,000 of machinery, and acceptance of a $113,000 note payable.
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