B- Cell wireless needed afditional capital to expand, so the business incorporated:

B - Cell Wireless needed additional capital to expand, so the business incorporated. The chartor from the state of Georgia authorizes B-Cell to issue 60,000 shares of 5%,$100 par value cumulative preferred stock and 130,000 shares of $2 par value common stock. During the first month, B - Cell complefed the following transactions: (Click the icon to view the transactions.) Read the reguirements. Requirement 1. Record the transactions in the general journal. (Record dobits first, then credas. Select the explanation on the last line of the journal entry table.) Oct. 2: Issued 18,000 shares of common stock for a building with a market value of $260,000. Assume B - Cell's net income for the month was $90,000. Print Done Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B - Cell's balance sheet at October 31, 2024. Assume B - Cell's net income for the month was $90,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.) B - Cell Wireless needed additional capital to expand, so the business incorporated. The chartor from the state of Georgia authorizes B-Cell to issue 60,000 shares of 5%,$100 par value cumulative preferred stock and 130,000 shares of $2 par value common stock. During the first month, B - Cell complefed the following transactions: (Click the icon to view the transactions.) Read the reguirements. Requirement 1. Record the transactions in the general journal. (Record dobits first, then credas. Select the explanation on the last line of the journal entry table.) Oct. 2: Issued 18,000 shares of common stock for a building with a market value of $260,000. Assume B - Cell's net income for the month was $90,000. Print Done Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B - Cell's balance sheet at October 31, 2024. Assume B - Cell's net income for the month was $90,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.)