The charter for KWVN TV, Inc. authorizes the company to issue 100,000 shares of $3, no-par preferred stock and 500,000 shares of common stock with $1 par value. During its start-up phase, KWVN -TV completed the following transactions: (Click on the icon to view the transactions) Read the requirements. Requirement 2. Prepare the stockholders' equity section of the KWVN - TV balance sheet at September 30, 2018, assuming KWVN- TV, Inc. had net income of $34,000 for the month KWVN-TV, Inc. Balance Sheet (Partial) September 30, 2018 Stockholders' Equity Paid-In Capital: Preferred Stock-$3, No-Par Value; 100,000 shares authorized 750 shares issued and outstanding $ 30,000 Common Stock-$1 Par Value; 500,000 shares authorized, Choose from any list or enter any number in the input fields and then click Check Answer. Inc. had - X More Info Sep. 6 Issued 250 shares of common stock to the promoters who organized the corporation, receiving cash of $7.500 12 Issued 750 shares of preferred stock for cash of $30,000. 14 Issued 1,400 shares of common stock in exchange for land with a market value of $22,000 an Pa Done Print ent pare the stockhd th N-TV, Inc. had net in - X Requirements Bal 1. Record the transactions in the general journal. Si 2. Prepare the stockholders' equity section of the KWVN-TV balance sheet at September 30, 2018, assuming KWVN-TV, Inc. had net income of $34,000 for the month. St $3, No-Par Va HW Score: 957 % , 861 of 9 pts 5 of 9 (9 complete) Score: 0.61 of 1 pt Question Help E13-23 (similar to The charter for KWVN-TV, Inc authorires the company to issue 100.000 shares of $3, no-par preferred stock and 500 000 shares of common stock with $1 par value During ts start-up phase, KWVN-TV completed the following transactions (Clck on the con to vie n Pa X More Info Read the teuirements Inc had net income of Requirement 2. Prepare the $34000 for the month 3-20 Sep 6 Issued 250 shares of common stock to the promoters who organized the corporation receiving cash of 57,500 12 lssued 750 shares of preferred stock for cash of $30,000 14 Issued 1,400 shares of common stock in exchange for land with a market value of $22.000 Paid in Capital Prefemed Stock-$3, N 750 shares issued an Done Print Common Stock-$1 P Choose from any ist or enter any numberin the input elds and then click Check Answer Check Answer Clear Al All parts showing pe here to search E home D G H K L onter paise CVB NM ctri Homework:Chapter 13 part B homework Save Rel Score: 0.61 of 1 pt Aft HW Score: 95.7%, 8.61 of 9 pts 5 of 9 (9 complete) E13-23 (similar to) Centi Question Help The charter for KWVN-TV, Inc, authorizes the company to issue 100,000 shares of $3, no-par preferred stock and 500,000 shares of common stock with $1 par value During its start-up phase, KWVN-TV completed the following transactions (Cick on the lcon to view the transactions) YPRead the teauirgments Requirement 2:Prepare the stockho $34,000 for the month Requirements N-TV, Inc had net income of p01-20 1. Record the transactions in the general joumal 2. Prepare the stockholders equity section of the KWVN-TV balance sheet at September 30, 2018, assuming KWVN-TV, Inc had net income of $34,000 for the month Bal Si Sti Paid-in Capital Preferred Stock-$3, No-Par V Print Done 750 shares issued and outstat Common Stock-$1 Par Value 500,000 shares authorized a mea Choose from any ist or enter any number in the input fields and then click Check