1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B-Cell's balance sheet at October 31, 2024. Assume B-Cell's net income for the month was $91,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet) Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the exp Oct. 2. Issued 22,000 shares of common stock for a building with a market value of $120,000. Date Accounts and Explanation Debit Credit Oct 2 Oct 6Issued 96 cm Oct. 6: Issued 950 shares of preferred stock for $170 per share. Date Accounts and Explanation Debit Credit Oct. 6 Oct. 9. Issued 18,000 shares of common stock for cash of $90,000. Date Accounts and Explanation Debit Credit Oct. 9 Oct. 10: Declared a $17,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Date Accounts and Explanation Debit Credit Oct. 10 Oct 25. Paid the cash dividend. Date Accounts and Explanation Debit Credit Oct. 25 October 31, 2024 Stockholders' Equity Paid-In Capital Total Paid-In Capital Total Stockholders' Equity Stockholders' Equity Paid-In Capital w Common Stock-$2 Par Value; Paid-In Capital in Excess of Par-Common Paid-In Capital in Excess of Par-Preferred Preferred Stock5%, $50 Par Value, Retained Earnings Stockholders' Equity apital shares at cost shares authorized, shares issued and outstanding Paid-In Capital Cell Wireless needed additional capital to expand so the business incorporated. The charter from the state of Georgia authorizes B - Cell to issu ing the first month B-Cell completed the following transactions: (Click the icon to view the transactions.) ell to issue 90,000 shares of 5%. $50 par value cumulative preferred stock and 130.000 shares of $2 par value common st