Question: B- Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes B- Mobile to issue 40,000

 B- Mobile Wireless needed additional capital to expand, so the business

B- Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes B- Mobile to issue 40,000 shares of 10%, $100 par value cumulative preferred stock, and 140,000 shares of $1 par value common stock. During the first month, B- Mobile completed the following transactions: 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B- Mobile's balance sheet at October 31, 2014. Assume B- Mobile's net income for the month was $94,000. Choose from any list or enter any number in the input fields and then continue to the next

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