QS Algo Issuance of common stock LO P
Prepare the issuer's journal entry for each of the following separate transactions.
a On March Atlantic Company issues shares of $ par value common stock for $ cash.
b On April OP Company issues nopar value common stock.for $ cash.
c On April MPG issues shares of $ par value common stock for $ of inventory, $ of machinery, and acceptance of a $ note payable.
Journal entry worksheet
Record the issuance of shares of $ par value common stock for $ cash.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credita
