Question: please help me solve this. value cumulative preferted wiock and 130,000 shares of $1 par value common stock. During the frst month, 8 - Wireless


value cumulative preferted wiock and 130,000 shares of $1 par value common stock. During the frst month, 8 - Wireless compleled the following transactions (3) (Cliok the igon lo view the fransactions) Rosd the mquirements Requirement 1. Record the tranastions in the genesal joumal. (Rocord debils fint, then credin. Soloct the explanition on the last line of the joumal enty lable.) Oot 2 Issued 17,000 shares of common stock for a bulding with a markel value of $120,000. Oct 6: lssued 700 shares of prelerted stock for 5160 per share. More info Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of B - Wireless's balance sheet at October 31, 2024. Assume B-Wireless's net income for the month was $92,000. (Assume all temporary accounts have been closed prior to preparing the stockholders' equity section of the balance sheet.)
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