B-cell wirless needed additional capital to expand, so the business incorprated. The charter from the state of Georgia authorizes B-cell to issue 100,000 shares a 5%, $150 par value cumulative preferred stock and 130,000 shares of $3 per value common stock. During the first month,B-cell completed the following transaction:

Requirement. Record the transactions in the general al Record debts first the credits Sledsplanen on the line of the mal entry table Oct 2 stund 20,000 of common Vock for a building with a market value of $130.000 Accounts and plantion Dobit Crede Od 2 O preferred to $170 perse Date Alcuns and antion De Oct 10.000 es consorcio $40.000 Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line oft Oct. 2: Issued 20,000 shares of common stock for a building with a market value of $130,000 Date Accounts and Explanation Debit Credit Oct. 2 Oct. 6: Issued 850 shares of preferred stock for $170 per share. Date Accounts and Explanation Debit Credit Oct. 6 Oct. 9: Issued 10,000 shares of common stock for cash of $40,000. Date Accounts and Explanation Debit Credit Oct. 9 Oct. 10: Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable Date Accounts and Explanation Debit Credit Oct. 10 Oct. 25: Paid the cash dividend. Date Accounts and Explanation Debit Credit Oct. 25 Regimenta. Preparatory in ofer's Balance that the 2016 Assume 18 - Cerent come for the months, her of the col) -Cell Wir Shelutis October 31, 2018 Stockholders' Equity Paid In Ceritat Tot Pois in Cape Total score tout Choose from any list or enter any number in the routes and then continue to the re