The charter for KWCP minus TV

$,$

Inc. authorizes the company to issue$100,000$ shares of $$$$4$

$,$

$$no$-$par preferred stock and$500,000$ shares of common stock with$$ $$1$ par value. During its$$ start$-$up phase, KWCP minus TV

completed the following$$ transactions:

Record the transactions in the general journal.

$2.$

Prepare the$$ stockholders' equity section of the KWCP minus TV

balance sheet at September

$30$

$,$

$2018$

$,$

assuming KWCP minus TV

$,$

Inc. had net income of $ $35$ comma $000$

for the month.