Question Help A-Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes A-Mobile to issue 80,000 shares of 8 %, $50 par value cumulative preferred stock and 160,000 shares of $4 par value common stock. During the first month, A-Mobile completed the following transactions: (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 25,000 shares of common stock for a building with a market value of $210,000 Date Accounts and Explanation Debit Credit Oct. 2 Building 210,000 Common Stock-$4 Par Value 100,000 Paid-In Capital in Excess of Par-Commoni 110,000 Issued common stock for building Oct. 6: Issued 950 shares of preferred stock for $110 per share Debit Credit Date Accounts and Explanation Oct. 6 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 4 parts remaining JILur LACESSOI al CUmmon 110,000 Issued common stock for building. Oct. 6: Issued 950 shares of preferred stock for $110 per share Date Accounts and Explanation Debit Credit Oct. 6 Choose from any list or enter any number in the input fields and then click Check Answer 4 parts remaining Clear All x N W l capital to expand, so the business incorporated. The charter from the state of Georgia authorize e preferred stock and 160,000 shares of $4 par value common stock. During the first month, A- ctions.) - X iMore Info Oct. 2 Issued 25,000 shares of common stock for a building with a market value of $210,000 6 Issued 950 shares of preferred stock for $110 per share. 9 Issued 17,000 shares of common stock for cash of $85,000. 10 Declared a $14,000 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 st rre Ad Print Done any number in the input fields and then click Check Answer Clear All Chec PE