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The charter ter WXYZ-TV, authorizes the company to sue 100.000 shares of $8, no per prudented stock and 600.000 shares of common took win. Si

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The charter ter WXYZ-TV, authorizes the company to sue 100.000 shares of $8, no per prudented stock and 600.000 shares of common took win. Si par values. During a starp phase, WwY2-TV completed the following runsaction Cox on the con to view the ansons) Requirement 1. Record the transactions in the general journal (Recon dobit first, then credt. Select the portion on the listine of the entry table) Seped 25 shares of common stock to the promoters who organized the corporation, moving cash or 8.250 Date Accounts and Explanation Debit Credit Spo More Info Sep od 275 Nes of common stock to the promotors who organized the coming $0.00 Sep 12 Tercath of 20.000 Bp. 141.300 ars of common work in charge for and we are 122,000 A WXYZ-TV, o tad net income $30.000 for more Done

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