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Question Help D-Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia hotzes - Mobile 110.000 shares of $100 per value cutive preferred stock and 100 000 shores of value common stock. During the first month, D-Mobile completed the following transactions Click the icon to view the transactions) we RECOURS ano non LEH Oct VOR 114.000 More info Preferred Stock-$100 Par Value Pin Capital in Excess of Par-Preferred 95.000 19.000 Issued preferred stock for cash Odlund 10,000 shares of common stock for cash of $50.000 Date Accounts and Explanation Oct Common Stock-13 Par Value Paid In Capital in Excess of Par-Common Oct 2 und 17.000 shares of common stock for a bunding with a man of $250.000 Oct. 6 Issued 50 shares of preferred stock for 5120 per share Oct. Issued 10,000 shares of common stock for cash of $50,000 Declared a $12.000 cash dividend for todos of record on Oct 20. sas Oct. 10 Dividends Payable count for promedad common stock Oct. 25 Paid the cash divided Assum - Mobile's net income for the month was 591,000 Debit 50,000 Credit 30 000 20.000 Done Issued common stock for cash Oct. 10. Declared a 312.000 cash dividend for stockholders of record on Oct. 20. Usawat Dividends Payable account for preferred and common stock Date Accounts and Explanation Debit Credit Cash Odds Dividends Payable Preferred 5.700 Dividends Pay Common Declared cash dividend