D- Cell Wreless needed additional captal to expand, so the busnest insorporated. The charter from the slate of Georgia auehorkes D-Cel to 65 ise 70,000 shares of 7 . Stoo par valje oumvative preferred stock and 110,000 shares of $3 par value oommon stock. During the fist month, D - Cot oompleted the following transaetions: (i) (Click the icon to view the transactions) Read the requirements Requirement 1. Record the transactions in the general jourral. (Record debits trst then arodits. Select the explanation on the last line of the journal entry table) Oct 2. Issued 21,000 shares of common slock for a building with a market value of $160,080 More info Oot.2 Issued 21,000 shares of common stock for a bulding with a market value of 3180,000 , Oct. 6 lasued 750 shares of preierned stook for $110 per share. Oct.9. Iasued 12.000 ahares of common stock for cash of 360.002 Oet. to Dedared a 514,000 eash divde-d for thowhdiders of record on Oet 20 . Use a segarate Divdends Payable acoosent far prefered and oommon stock. Qet. 25 Pad the cash evidend. Assume D-Ceirs net income for the month was 505,000 Requirements 1. Reoord the tranactions in the peneral journal. 2. Prepare the siodhoders' equity soctios of D-Celsy balanse chest at Oetobor 31, 2024. Aasume D-Cells net insone for the month wos 100,000 . (Asoume all temporay ascounts hisie been dosed proc la preparing the (stockhaiders equity secoson of Ece balarce ahest) D- Cell Wreless needed additional captal to expand, so the busnest insorporated. The charter from the slate of Georgia auehorkes D-Cel to 65 ise 70,000 shares of 7 . Stoo par valje oumvative preferred stock and 110,000 shares of $3 par value oommon stock. During the fist month, D - Cot oompleted the following transaetions: (i) (Click the icon to view the transactions) Read the requirements Requirement 1. Record the transactions in the general jourral. (Record debits trst then arodits. Select the explanation on the last line of the journal entry table) Oct 2. Issued 21,000 shares of common slock for a building with a market value of $160,080 More info Oot.2 Issued 21,000 shares of common stock for a bulding with a market value of 3180,000 , Oct. 6 lasued 750 shares of preierned stook for $110 per share. Oct.9. Iasued 12.000 ahares of common stock for cash of 360.002 Oet. to Dedared a 514,000 eash divde-d for thowhdiders of record on Oet 20 . Use a segarate Divdends Payable acoosent far prefered and oommon stock. Qet. 25 Pad the cash evidend. Assume D-Ceirs net income for the month was 505,000 Requirements 1. Reoord the tranactions in the peneral journal. 2. Prepare the siodhoders' equity soctios of D-Celsy balanse chest at Oetobor 31, 2024. Aasume D-Cells net insone for the month wos 100,000 . (Asoume all temporay ascounts hisie been dosed proc la preparing the (stockhaiders equity secoson of Ece balarce ahest)