D - Mobile Wireless needed additional capital to expand, so the business incorporated. The charler from the state of Georgia authorizes D - Mobile to issue 110 cumulative preferred stock and 130,000 shares of $2 par value common stock. During the first month, D-Mobile completed the following transactions: (1) (Click the icon to view the transactions.) Read the requirements Requirement More info the joumal entry table 1. Recor Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of D-Mobile's balance sheet at October 31, 2024. Assume D-Mobile's net income for the month was $96,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.) D - Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes D - Mobile to issue 110,000 shares of 10%, $50 par value cumulatve preforred stock and 130,000 shares of \$2 par value common slock. Duning the first month, D-Moble complesed the following transactions: (Cick the icon to view the transactions.) Read the Requirement 1. Record the transactions in the general journal. (Record debis frst, then credits. Select the explanation on the last line of the journal entry table.) Oct. 2: Hssued 23,000 shares of common stook for a building w th a market value of $150,000