Requirement 2. Prepare the stockholders' equity section of the Dumn Potts, the balance sty 31, 2019. The ending beloof Retained Esmings $65.000 (Errcours in the proper order for the stockholders' equity section of the balance shot) Dunn Ratta, Ine. Balance Sheet partia July 31, 2018 Stockholders' Equity Conmons stored issued and outstanding More Info Paisin capital in sopar-common You paid in capul Ju 6 saved 100 wars of common stock to the promote for assistance with ance of the common stock. The promotional foow $16.800 Debit Organization Expense 9 issued 15.000 shares of common secto Lucy Led 23.000 sharesto Daniel Dunnin Total stockholders equity return for cash Qual to the market value of $22 per share. The two women were partnerin Dunia Co 26 Issued 1500 shares of common stock for $1Bcash per share Choose from any istorie a number in the input fields and then continue to the next question Print Done Requirement 1. Record the transactions in the journal. (Record debits first, then credits. Exclude explanations from any journal entries.) Jul 6: Issued 800 shares of common stock to the promoter for assistance with issuance of the common stock. The promotional fee was $16,800. Debit Organization Expense Journal Entry Date Accounts Debit Credit Jul 6 Organization Expense 16800 Common Stock 800 Paid-in Capital in Excess of Par-Common 16000 More Info Jul 9: Issued 15,000 shares of common stock to Lucy Little and 23,000 shares to Daniela Dunn in return for cash equal to the Journal Entry Date Accounts Debit Credit Jul 836000 Common Stock 304000 Paid-in Capital in Excess of Par-Common 798000 9 Cash 6 Issued 800 shares of common stock to the pa common stock. The promotional fee was $10 9 Issued 15,000 shares of common stock to Lu return for cash equal the stock's market va partners in Dunn Rafts Co. 26 Issued 1,500 shares of common stock for S1E Choose from any list or enter any number in the input fields and then continue to the next question Print The partners who own Dunn Rafts Inc. wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Dunn Rafts, Inc. The charte shares of $8 par common stock. In its first month, Dunn Rafts, Inc., completed the following transactions: (Click the icon to view the transactions.) Read the requirements Jul 26: Issued 1,500 shares of common stock for $18 cash per share. Date Journal Entry Accounts Debit Credit Jul 26 Cash 27000 Common Stock Pald-in Capital in Excess of Par-Common 1500 25500 More Info Requirement 2. Prepare the stockholders' equity Setion of the Dunn Rafts, Inc., balance sheet at July 31, 2019. The ending the balance sheet.) Dunn Rafts, Inc. Balance Sheet (partial) July 31, 2019 Stockholders' Equity: Jul 6 Issued 800 shares of common stoch common stock. The promotional fee 9 Issued 15,000 shares of common st return for cash equal to the stock's partners in Dunn Rafts Co. 26 Issued 1,500 shares of common sto Choose from any list or enter any number in the input fields and then continue to the next question Pr stions.) i More Info on stock for $18 Journal Accounts Jul 6 Issued 800 shares of common stock to the promoter for assistance with issuance of the common stock. The promotional fee was $16,800. Debit Organization Expense. 9 Issued 15,000 shares of common stock to Lucy Little and 23,000 shares to Daniella Dunn in return for cash equal to the stock's market value of $22 per share. The two women were partners in Dunn Rafts Co. 26 issued 1,500 shares of common stock for $18 cash per share. cess of Par-Con ders' equity sectid Print Done (Enter the accounts in the Dunn Rafts, Inc. Balance Sheet (partial) July 31, 2019