B - Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes B-Mobile to issue 40.000 shares of 10%, $50 par value cumulative preferred stock and 180.000 shares of $4 par value common stock. During the first month, B-Mobile completed the following transactions: (Click the icon to view the transactions.) Read the requirements B-Mobile Wireless Balance Sheet (Partial) October 31, 2018 Stockholders' Equity Pald-in Capital: Common Stock-$4 Par Value: 180000 shares authorized, 40000 shares hised and outstanding 160000 Paid-In Capital in Excess of Par Common Preferred Stock10%550 Par Value 40000 shares authorized, 1000 shares issued and outstanding 50000 Paid-In Capital in Excess of Par-Preferred Total Pald-in Capital Retained Earnings Total Stockholders' Equity than mantinue to the next question 8 - Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizen B - Mobilo to issue 40,000 shares of 10%, $50 par value cumulative preferred stock and 180.000 shares of $4 par value common stock. During the first month, B-Mobile completed the following transactions (Click the icon to view the transactions.) Read the requirements B.Mobile Wireless EV Requirements Cancel 1. Record the transactions in the general journal 2. Prepare the stockholders' equity section of B-Mobile's balance sheet at October 31, 2018. Assume B-Mobile's net income for the month was $88,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance shoot.) Paid-in Capital Common Stock-$4 Par Value: 180000 shares authorized, Paid-In Capital in Excess of Par Preferred Stock-10% S50 Par 40000 Shares authorized, Paid In Capital in Excess of Par Total Paid In Capital Retained Earnings Print Done Total Stockholders' Equity Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes - Mobile to issue 40,000 %. $50 par value cumulative preferred stock and 180,000 shares of $4 par value common stock. During the first month, B - Mobile completed the following me loon to view the transactions.) quirements - More Info Capital: mon Stock-$4P Oct. 2 Issued 25,000 shares of common stock for a building with a market value of $210,000. Oct. 6 Issued 1,000 shares of preferred stock for $70 per share. Oct. 9 Issued 15,000 shares of common stock for cash of $90,000. Declared a $11,000 cash dividend for stockholders of record on Oct. 20. Use a separate Oct. 10 Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume B-Mobile's net income for the month was $88,000. 30000shares au --In Capital in Excd erred Stock--10% 40000 shares au -In Capital in Excd Print Done al Paid-In Capital ed Earnings Stockholders' Equity continue in the next