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Homework: Chapter 13 Homework Save Score: 0 of 23 pts 2 of 4 (1 complete) HW Score: 11.63%, 5 of 43 pts P13-41A (similar to) Question Help B - Wireless Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes B - Wireless to issue 90,000 shares of 9%, $100 par value cumulative preferred stock and 170,000 shares of $2 par value common stock. During the first month, B - Wireless completed the following transactions i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Oct. 2: Issued 24,000 shares of common stock for a building with a market value of $150,000. More Info X Date Accounts and Explanation Debit Credit Oct. 2 Oct. 2 Issued 24,000 shares of common stock for a building with a market value of $150,000. Oct. 6 Issued 850 shares of preferred stock for $130 per share. Oct. 9 Issued 18,000 shares of common stock for cash of $90,000. Declared a $13,000 cash dividend for stockholders of record on Oct. 20. Use a separate Oct. 10 Dividends Payable account for preferred and common stock. Oct. 25 Paid the cash dividend. Assume B - Wireless's net income for the month was $91,000. Choose from any list or enter any number in the input fields and then click Check Answer Print Done LO parts Clea remaining