B- mobile wireless needed additional capital to expand, complete all requirements and stockholders equity requirement.

B - Mobile Weless needed additional capital to expand, so the business incorporated. The charter from the state of Georgian authorizes - Mobilelo 100.000 shares of 0% 5100 para cumulative preferred stock and 140.000 shares of 34 par value common shock. During the first month, 8 - Mobile completed the following transactions Choke icon to view the transaction) Read the requirements Requirement 1 Record the transactions in the general joum. (Record des tirs, thered Belt the nation on the line of the oumal only totie Od 2: Issued 22,000 shares of common stock for a building with a market value of $100.000 Date Accounts and Explanation Debit Credit Oct 2 Building 100000 Common block 54 Par VO 80000 Paid in Capital in EXOSSO Par Common 12000 Issued common stock for all Oct 6. Issued 850 shares of preferred stock for $130 per har Credit Date Debit 110500 Oct Accounts and Explanation Cash Preferred Stock$100 Par Vio Paisin Capital in Excess of PN-Preferred 85000 85000 Issued preferred stock for cash Oct issued 17.000 shares of common stock for cash of $102.000 Dobit Credit Date Accounts and Explanation Next 8 - Mobile Web The theme of Georgia - Mobile 100.000 5100 W cumulative preferred stock and 140.000 shares of 4 par common stock During the first month, B-Mobile completed flowing transactions Odontoon Osod 17.000 shares of common stock for cash of $100.000 Date Accounts and Explanation Cred Det 103000 O Common GOPWE Padin GB Pamon 000 34000 Oct 10: Declared a $12.000 chend for those of record on Oct 20 Payable to profund and common Date Account and Explanation De Credit O 10 RE 13000 Omanas Paded Dividends Common 3500 De con Crede O. 25. Pad the cash dond Date Accounts and explanation Od Pad be 5500 Next 3- Mobile Wiess needed tonal capital to expand, so the business corporate Thethanter from the state of Georgia shones - Mobile 100.000 shwe of 95.5100 per value cumulative eferred stock and 140.000 of 4 par vecommon During the first-ce complete folosing transaction Cho the conversions) Read the Oct 25 Paid the cash dised Date Accounts and Explanation Oct 25 Didends PayPro Dividends Payable Common Debat Credit 5500 3500 12000 Padi divided Requirement 2. Prepare the stockholders egaty section of B: Mobie's bence sheet at Odober 31, 2024. Assume 3 - Mobile's net income for the month was $95.000 empowy och be doned prior to preparing the stockholde et section of the bence sheet) B-Mobile Wireless Balance sheet Partan October 31.2024 Stockholders Equity PC Coron Stock Par V 140000 resto 100000 Shares and outstanding 156000 Pas in Cape Excess of Par Como Preferred Stock 5100 PM Next - Mobile Weeded to capito expand the business incorporated. The contestate of Georgia 100.000 3100w valve cumulative predstock and 540.000 shares of Spare common stock On the best mort - Micoged the following the sew the transactions Read the requirement Paid Chont Requirement 2. Prepare the stockholdergutyaction of - Mobce October 2004 Autume - Mobile net income for the month was $99.000 courts have been done propong the stoccation of the best Il-Mode Weiss Balance Sheet (Part October 31, 2024 Stockholders' Equity Padin Capital Common SAP 140000 Garamonte 100000 Sending 150000 Pain Captain of common Pom SR STOOPS sured 17000 tanding 1780 Paid in Gap Esso Portamed 3000 Total PC ned 26000 Tu Sooden Coat Next non quity the Requirements B- Bala O Stol 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B - Mobile's balance sheet at October 31, 2024. Assume B-Mobile's net income for the month was $93,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.) nmon Print Done ferred 93000 PS - More info Oct. 2 Oct. 6 Oct. 9 Issued 22,000 shares of common stock for a building with a market value of $100,000. Issued 850 shares of preferred stock for $130 per share. Issued 17,000 shares of common stock for cash of $102,000. Declared a $12,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Paid the cash dividend. Oct. 10 Oct. 25 Assume B-Mobile's net income for the month was $93,000. Print Done