Paid-In Capital: Common Stock-$1 Par Value; Total Paid-In Capital Total Stockholders' Equity C-Wireless Wireless Balance Sheet (Partial) October 31, 2024 Stockholders' Equity
Oct. 2 Issued 17,000 shares of common stock for a building with a market value of $110,000. Oct. 6 Issued 900 shares of preferred stock for $160 per share. Oct. 9 Issued 16,000 shares of common stock for cash of $64,000. Oct. 10 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume C - Wireless's net income for the month was $91,000. C- Wireless Wreless needed additional capteal to expand, so the business incorporated. The charter from the state of Georgia authorises C-Wireless bo issue 90,000 shares of 10%,350 par value cumvlative proforred stock and 100,000 shaves of $1 par value common stock. During the fint month, C - Wiviess completod tha following ransactions: Click the icon ilo veew the fransactions?) Read the reauitements Oct. 2 Issued 17,000 shares of common stock for a building with a market value of $110,000. Oct. 6 Issued 900 shares of preferred stock for $160 per share. Oct. 9 Issued 16,000 shares of common stock for cash of $64,000. Oct. 10 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume C - Wireless's net income for the month was $91,000. October 31,2024 . Assume C-Wireless's net income for the month was $91,000. (Assume all the balance sheet.) C-Wireless Wireless Balance Sheet (Partial) October 31, 2024 Stockholders' Equity Paid-In Capital: Common Stock - \$1 Par Value; Total Paid-In Capital Total Stockholders' Equity Oct. 2 Issued 17,000 shares of common stock for a building with a market value of $110,000. Oct. 6 Issued 900 shares of preferred stock for $160 per share. Oct. 9 Issued 16,000 shares of common stock for cash of $64,000. Oct. 10 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume C - Wireless's net income for the month was $91,000. C- Wireless Wreless needed additional capteal to expand, so the business incorporated. The charter from the state of Georgia authorises C-Wireless bo issue 90,000 shares of 10%,350 par value cumvlative proforred stock and 100,000 shaves of $1 par value common stock. During the fint month, C - Wiviess completod tha following ransactions: Click the icon ilo veew the fransactions?) Read the reauitements Oct. 2 Issued 17,000 shares of common stock for a building with a market value of $110,000. Oct. 6 Issued 900 shares of preferred stock for $160 per share. Oct. 9 Issued 16,000 shares of common stock for cash of $64,000. Oct. 10 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume C - Wireless's net income for the month was $91,000. October 31,2024 . Assume C-Wireless's net income for the month was $91,000. (Assume all the balance sheet.) C-Wireless Wireless Balance Sheet (Partial) October 31, 2024 Stockholders' Equity Paid-In Capital: Common Stock - \$1 Par Value; Total Paid-In Capital Total Stockholders' Equity
