D-Mobile Wireless needed additional capital to expand, so the busne incorporated. The charter from the state of Georgia authorized D-Mobles de 60.000 hana od s. 5100 par value cumulative preferred nlock and 110,000 share 11 par le common stock. During the first month, D-Mobile completed the following transactions the loon to Mew the actions Read the greens Requirement. Record the transactions in the general Journal (Record debits first, the credits Select the explanation on the line of the real estable) Oct. 2 sd 17.000 hores of common look for a building with a market value of $200,000 Accounts and Explanation Debit Credit Oct 2 Dung Preferred Stock-3100 PVA Date Lased common tool for building et value of $260,000. i Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of D-Mobile's balance sheet at October 31, 2018. Assume D-Mobile's net income for the month was $87,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.) Print Done cord debits first, then credits. Select the explanation on the last line of the journal entry table.) i More Info Oct. 2 Oct. 6 Oct. 9 Issued 17,000 shares of common stock for a building with a market value of $260,000 Issued 550 shares of preferred stock for $130 per share. Issued 10,000 shares of common stock for cash of $50,000. Declared a $21,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. Paid the cash dividend. Oct. 10 Oct. 25 Assume D-Mobile's net income for the month was $87,000. Print Done D-Mobile Widesnode aditional capital to expand, so the business incorporated. The charter from the state of Georgia aurores D-Mobile.do 60,000 shares of 8%, 5100 par value cumulative preferred stock end 110.000 share 51 par le common stock During the first month D-Mobile completed the following transactions Click the icon to view the transactions) Read the