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The charter SAP-TV.in authores the company to 100.000 shares of 57no par preferred stock and 500,000 shares of common stock with 31 par le During

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The charter SAP-TV.in authores the company to 100.000 shares of 57no par preferred stock and 500,000 shares of common stock with 31 par le During tsuppe KSAP-TV completed the following transaction C kontento veteransaction PC Pre 100.000 share thered nos and outstanding Como Valur 500.000 autorited dig 22.000 1500 20 31100 10000 49100 Chooney sumber in the input felds and then check All parts showing Clea Final Check The chanter for SAP TV, in authorities the company los 100.000 shares of Sopar preferred stock and 500.000 shares of common stock with 51 par value During its start-up phase, KSAP - TV completed the branco Gente contactos More info econd the tranches in the 2 the sequity section of the A-TV ance sheet 30.KSAPTV Indence of 530.000 sed shares of common stock to the promoters who are the corporation receiving Sep of $15000 Sp. 12700 stars of preferred to or cash of 522.000 Sup. 141.400 r.common stock exchange for land with a more value of $10.000 Assom SAP-TV und had netcome of $50,000 for the month Done Pin 100 Done i More Info Issued 500 shares of common stock to the promoters who organized the corporation, receiving Sep. 6 cash of $15,000 Sep. 12 Issued 700 shares of preferred stock for cash of $22.000 Sep. 14 Issued 1,400 shares of common stock in exchange for land with a market value of $18,000. Assume KSAP - TV, Inc. had net income of $30,000 for the month Print Done i Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the KSAP - TV balance sheet at September 30, 2018, assuming KSAP - TV, Inc. had net income of $30,000 for the month Print Done

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