O Acco De Requirement 1. Record the transactions in the general journal. (Record debits first, then credits Select the explanation on the last line of the journal Oct. 2. Issued 21,000 shares of common stock for a building with a market value of $120,000 Date Debit Credit Oct. 2 120000 Accounts and Explanation Building Common Stock-$3 Par Value Paid In Capital in Excess of Par--Common 63000 Issued common stock for building Debit Credit Oct. 6: Issued 1,000 shares of preferred stock for $130 per share. Date Accounts and Explanation Oct. 6 Cash Preferred Stock-$100 Par Value Paid-In Capital in Excess of Paru-Preferred Issued preferred stock for cash. Oct. 9: Issued 10,000 shares of common stock for cash of $40,000 Date Accounts and Explanation Debit Credit Oct. 9 Cash Common Stock-$3 Par Value Paid-In Capital in Excess of Par--Common Issued common stock for cash Choose from any list or enter any number in the input fields and then continue to the next question - Wireless to issue 40,000 shares of 9%, 5100 par value cumulative preferred stock and 150,000 shares of S3 par value common stock During the first month, C-Wireless completed the Od 10: Declared a 521.000 cash dividend for stockholders of record on Oct 20 Use a separate Dividends Payable account for preferred and common stock. Date Accounts and Explanation Debit Credit Oct 10 Cash Dividends Dividends Payable Preferred Dividends Payable-Common Declared cash dividend Oct 25 Paid the cash dividend Date Debit Credit Oct 25 Accounts and Explanation Dividends Payable Preferred Dividends Payable-Common Cash Pad cash dividend Requirement 2. Prepare the stockholders equity section of G-Wireless's balance sheet October 31, 2018 Assume C-Wireless's not income for the month was $91,000. (Assume af tomporary C Wireless Wireless Balance Sheet(Partial) October 31, 2018 Stockholders' Equity Pidin Capital Preferred Stock 99 S100 Par Value Dan Cantin Frots of Parlama Choose from any list of enter any number in the input fields and then continue to the next question Requirement 2. Prepare the stockholders' equity section of C-Wireless's balance sheet at October 31, 2018. Assume C-Wireless's net income for the month was $91,000.( C Wireless Wireless Balance Sheet (Partial) October 31, 2018 Stockholders' Equity Paid-In Capital Preferred Stock-9%, 5100 Par Value, Paid-In Capital in Excess of Par-Preferred Common Stock-53 Par Value; Retained Earnings Total Pald-In Capital Total Stockholders' Equity