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Background: Assignment: D Mobile Wireless needed additional capital to expand, so the business 1) Using the General Journal tab, click Add Transaction to journalize incorporated.

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Background: Assignment: D Mobile Wireless needed additional capital to expand, so the business 1) Using the General Journal tab, click Add Transaction to journalize incorporated. The charter from the state of Georgia authorizes D-Mobile each transaction. Click Post Transaction once you complete the entry to issue 50,000 shares of 8%, $50 par value cumulative preferred stock and 160,000 shares of $4 par value common stock D Mobile entered into 2) Click the Reports tab and review the results of recording these then repeat these steps for each transaction. listed in the below during 2018 transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: 10/02/2018 Issued 19,000 shares of common stock for a building with a market value of $240,000, 10/06/2018 Issued 600 shares of preferred stock for $140 per share. 10/09/2018 Issued 11,000 shares of common stock for cash of $55,000. 10/10/2018 Declared a $19,000 cash dividend for stockholders of record on October 20. Use a separate dividends payable account for preferred and.common stock SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS

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