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s charter from the state of Coorgia autobes C-Mobile to issue 80,000 shares of 5%, s150 par value armulahoprsinod stock and 150,000 shares of $3

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s charter from the state of Coorgia autobes C-Mobile to issue 80,000 shares of 5%, s150 par value armulahoprsinod stock and 150,000 shares of $3 par value common stock. During the first month, C-Moble completed the folowing transactions Read the reavirements Requirement 1. Record the transactions in the general jounal (Record debits Srst,thn credts Select the expianation on the last ine of the joumal entry table) Oct. 2: Issued 20,000 shares of common stock for a building with a market value of $140,000 Oct 2 Oct. ssued 900 shares of Od 6 5 0 2 Oct. 9 Oct. 10: Oct. 10 Read the requirements Oct. 25: Paid the cash dividend. Date Accounts and Explanation DebitCredit Oct. 25 Requirement 2. Prepare the stockholders' equity section of C- Mobile's balance sheet at October 31, 2018. Assume closed prior to preparing the stockholders' equity section of the balance sheet.) C-Mobile Wireless Balance Sheet (Partial) October 31, 2018 Stockholders' Equity Paid.in Canital Choose from any list or enter any number in the input fields and then continue to the next question. 2. Prepare the stockholders' equity section of C-Mobile's balance sheet at October 31, 2018. Assume C-Mobile's net income for the month was $88,000. (Assume all tomporar dosed prior to preparing the Balance Sheet (Partial) r 31, 2018 Choose from any list or enter any number in the input fields and then continue to the next question 4 6 7 2

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