https ucation html Ch. 11 -Homework Help Save& Exit Submit Check my work 4. QS 11-5 Issuance of common stock LO P1 Prepare the issuer's journal entry for each of the following separate transactions 9.09 points a. On March 1, Atlantic Co. issues 52,500 shares of $4 par value common stock for $327,500 cash. b. On April 1, OP Co. issues no-par value common stock for $90,000 cash. c. On April 6, MPG Issues 4,000 shares of $20 par value common stock for $59,000 of inventory. $185,000 of machinery, and elook Hint Print References acceptance of a $95,000 note payable. View transaction list Journal entry worksheet Record the issuance of 52,500 shares of $4 par value common stock for $327,500 cash.