Question: ) P13-41 A (similar to) Question Help C- Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of
) P13-41 A (similar to) Question Help C- Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes C-Mobile to issue 60,000 shares of 10%, $50 par value cumulative preferred stock and 180 000 shares of $1 par valuo common stock During the first month. C-Mobile completed the foll transactions (Click the icon to view the transactions.) Read the requiregents Requirement 1. Record the transactions in the general jounal.,(Record debits finst, then credits. Select the explanation on the last line of the journal entry table) Oct. 2: Issued 22,000 shares of common stock for a building with a market value of $120,000 Requirements Debit Credit Date Accounts and Explanation Oct. 2 Choose from any list or enter any number in the input fields and then click Check
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