AEDECON-2105 AU/21 deyson bulcher | 11/29/216:44 PM = Homework: Pre-Homework Chapter 13 Question 1, EF13-23 (si... Part 1 of 4 HW Score: 0%, 0 of 10 points O Points: 0 of 5 @ Save The charter for KSAP - TV, Inc. authorizes the company A (Click on the icon to view the transactions) issue 100,000 shares of 52, no-par preferred stock and 500,000 shares of common stock with $1 par value. During its start-up phase, KSAP - TV completed the following transactions: Read the requirements Requirement 1. Record the transactions in the general joumal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Sep. 6: Issued 250 shares of common stock to the promoters who organized the corporation, receiving cash of $7,500. Date Accounts and Explanation Debit Credit Sep. 6 Requirements X 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the KSAP - TV balance sheet at September 30, 2024, assuming KSAP-TV, Inc. had net income of $39,000 for the month. Print Done