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my wrong attempt requirements I am on #2 transactions just need help figuring out where I went wrong on Balance sheet all journal transactions are
my wrong attempt
requirements I am on #2
transactions
just need help figuring out where I went wrong on Balance sheet all journal transactions are compled and correct.
SUODESTO MO Read the requirements Bwireless Wireless Balance Sheet Partial October 31, 2018 Stockholders' Equity Pada referred SC 550 ar Value Shes is dan outstanding SBS000.00 Data Excess of Parreterred 200 Common Stocks ar value She 0006 160000 issued an outstandin Paid in Capital Excess of Pancommon talep Retained Earnings Total Stockholders Equity Choose from any list or enter any number in the input fields and then click Check Answer Checic Answer All parts showing 516 PM lents unty SOLLER G OLF * Requirements Record the transactions in the general journal Prepare the stockholders' equity section of B Wireless's balance sheet at October 31, 2018. Assume B-Wireless's net income for the month was $97.000 (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet Print | Done Capital 566000 -1300 ngs 553000 ers Equity nents * More Info Oct 2 Issued 17.000 shares of common stock for a building with a market value of $260.000 6 Issued 900 shares of preferred stock for $100 per share 9 Issued 13.000 shares of common stock for cash of $52.000 10 Declared a $13.000 cash dividend for stockholders of record on Oct 20 Use a separate Dividends Payable account for preferred and common stock 25 Paid the cash dividend Print Done TODOU nas 653000 ers Equity B-Wireless Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia author issue 100 000 shares of 54, 550 par value cumulative preferred stock and 160.000 shares of 33 para common Stock Dunng the first B-Wireless completed the following transactions Click the icon to view the transactions) Read the requirements Date Accounts and Explanation Debit Credit Odlo 90,000 Pored Stock-550 Par Value 45.000 45.000 Pacho capital in Exs of ParPreferred sued on Stock Porces Oct 9 Issued 13 000 shares of common stock for cash of $52.000 Date Accounts and explanation Debit Credit 52.000 Comenon Stock-$3 Par Value Paid-in Capital in Excess of Par-Common 39.000 13.000 Issued common stock for cash Od 10: Declared a $13.000 cash dividend for stockholders of record on Oct 20 Use a separate Dividends Payable account for preferred a Choose from any list or enter any number in the input fields and then click Check Answer Check Ans All parts showing orie s of Georgia authorizes issue 100,000 shares of 5% 550 par value cumulative preferred stock and 160 000 shares of $3 par value common stock During the first B-Wireless completed the following transactions Click the icon to view the transactions) Read the Qurements Oct 10 Declared a $13,000 cash dividend for stockholders of record on Oct 20 Use a separate Dividends Payable account for preferred Stock Debit Credit Od. 10 13 000 Accounts and Explanation Cash Dividends Dividends Payable-Preferred Dividends Payable Common 2 250 10.750 Declared cash dividend Oct 25: Paid the cash dividend Date Credit Accounts and Explanation Dividends Payable-Preferred Dividends Payable--Common Debit 2.250 10.750 13.000 Paid cash dividend Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All
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