son Hp 0 B-Col Wireless needed additional capital to expand, so the business incorporated The charter from the state of Georgia authorizes B-Call to 80,000 shares of $50 per value cutive prefered stock and 150,000 shares of a par vale common stock During the first month, B-Cell completed the following transactions Ak the icon to view the transactions) Read them Requirement 1. Record the transactions in the general al Record debes the credits Select the explanation on the line of the journal O 2 wed 20.000 shares of common stock for a bulding with a market value of 5140,000 Date Accounts and Explanation Debit Credit od Bolding 100000 Common S 5 Par V 6000 Ron Capital in Excess of Par conmon Aud Core HC M L V Hg Od 0 shares of rock for $170 per share Date Accounts and Explanation De Credit Choose from any store any number in the input this and then continue the question Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B - Cell's balance sheet at October 31, 2018. Assume B - Cell's net income for the month was $92.000 (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet ) Print Done i More Info Oct. 2 ti Oct. 6 Oct. 9 Issued 20,000 shares of common stock for a building with a market value of $140.000 Issued 900 shares of preferred stock for $170 per share, Issued 10,000 shares of common stock for cash of $60.000 Declared a $21,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock Paid the cash dividend. Oct. 10 OF Oct. 25 Assume B - Cell's net income for the month was $92,000 sh Print Done at This Question: 40 pts Time Remaining:00:13:56 Sub 4 1 0f 11 (1 complete This Quilt: 100 pb possible Geson shares of 5) par value common stock During the first moeh B-Coll completed the following transactions 8-Call Wolos needed detonal capital to expand to the business incorpored. The charter from the tale of Georgia and the 1-Cell00,000 shares of 550 per predstock and 150 000 Click the icon to view the transactions Read the remote Mornino 108000 150000 Stockholders' Equity Poidin Capital Preferred Stock-3%50 Pa Valo Buthored. 45000 had and utanding Paid in Cape in Excess of Par-Preferred Common Stocks Pat Valo Maleshore shares outstanding Pald-in Catalin Excess of Par Common Total Paldin Capital Rand Total Stockhors Equity Oct 2 Oct 6 900 for $170 por Octs sued 10 000 shares of Contok for shof 30.000 Declareda 21.000 and wordt Oct 10 Wide Payable contorno Oct. 25 Paid the cash and Au-Cerse income for the 2.000 Choose from any storenterany umor in the sand be contine ohne AM O Type here to sewich les BE > % & 7 $ 9 00 6 5 2 3