ALL Requirements please

- . i More Info Oct. 2 Oct. 6 Oct. 9 Issued 24,000 shares of common stock for a building with a market value of $120,000 Issued 750 shares of preferred stock for $150 per share Issued 14,000 shares of common stock for cash of $84,000 Declared a $17,000 cash dividend for stockholdershof record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock Paid the cash dividend Oct. 10 Oct. 25 Assume C - Mobile's net income for the month was $88,000 C-Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes C-Mobile to issue 90 000 shares of 5%, $100 par value cumulative preferred stock and 160,000 shares of $1 par value common stock During the first month, C-Mobile completed the following transactions Click the icon to view the transactions ) Read the requirements Requirement 1. Record the transactions in the general journal (Record debits first, then credits Select the explanation on the last line of the journal entry table) Oct 2 Issued 24,000 shares of common stock for a building with a market value of $120,000 Date Accounts and Explanation Debit Credit Oct 2 Od 6 Issued 750 shares of proferred stock for $150 per share Debit Accounts and Explanation Date Credit Oct 6 Oct. 9. Issued 14,000 shares of common stock for cash of $84,000 Debit Credit Date Accounts and Explanation Od 9 Od 10 Declared a $17.000 cash dividend for stockholders of record on Oct 20. Use a separate Dividends Payable account for preferred and common stock Debit Credit Date Accounts and Explanation Oct 10 Oct 25 Paid the cash dividend Date Accounts and Explanation Debit Credit Oct 25 Requirement 2. Prepare the stockholders' equity section of C-Mobile's balance sheet et October 31, 2018 Assume C-Mobile's net income for the month was 580.000 (Assure all femporary accounts have been closed prior to preparing the stockholders' equity section of the bintance shoot C Mobile Wireless Balance Sheet (Partial) October 31, 2018 Stockholders' Equity Paidin Capital Total Paid in Capital TA