7 of 7 (7 con The truestion i s The charter for WPAC-TV, Inc. authorizes the company to issue 100,000 shares of S4, no par preferred stock and 5 following transactions: (Click on the icon to view the transactions) Read the requirements. Sep 12: Issued 750 shares of preferred stock for cash of 529,000. Date Accounts and Explanation Sep 12 Debit Credit Sep. 14: Issued 1,900 shares of common stock in exchange for land with a market value of $23,000. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Search the web and Windows 7 of 7 (7 complete) 100,000 shares of $4, no-par preferred stock and 500,000 shares of common stock with $1 par value. Durin i More Info Sep. 6 Issued 300 shares of common stock to the promoters who organized the corporation, receiving cash of $9,000 12 issued 750 shares of preferred stock for cash of $29,000. 14 Issued 1,900 shares of common stock in exchange for land with a market value of $23,000 Print Done - T... Code and then continue to the next question. e 100,000 shares of $4, no par preferred stock and 500,000 shares of common stock with S1 par value. Durir Rece i Requirements no org 1. Record the transactions in the general journal 2. Prepare the stockholders' equity section of the WPAC - TV balance sheet at September 30, 2018, assuming WPAC-TV, Inc. had net income of $30,000 for the month Print Done Mohit Condit and then continue to the next question Go