E13-23

on the last line o Sep. 6 Clear All OK nsactions Requirements 1 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the ASAP- TV balance sheet at September 30, 2018, assuming ASAP-TV, Inc. had net income of $38,000 for the month. Print Done number in the input fields and then click Check Answer Clear All umeWUTR. CHapter 13 core: 0.71 of 1 pt 120f 15 (15complete) HW Score: 88.77%, 13 32 of 15 pts E13-23 (book/static) Hep The charter for ASAP- TV, Inc. authorizes the company to issue 100,000 shares of $5, no-par preferred stock and 500,000 shares of common stock with $1 par value During its start-up phase, ASAP- TV completed the following transactions: (Click on the icon to view the Read the Fequirements Requirement 1. Record the transactions in the general journal. (Record debits first then credits Select the explanation on the last Ine of the jounal enty tbe Sep. 6. Issued 550 shares of common stock to the promoters who organized the corporation,receking cash of $16,500 Debit Credit Date Sep. 6 Choose from any list or enter any number in the input fields and then click Check Answer Clear All remaining OK