Question: please help, thank you! i need help solving these questions please. can you help me solve these problems? questions in picture are clear. More info


More info \begin{tabular}{ll} \hline Oct. 2 & Issued 20,000 shares of common stock for a building with a market value of $150,000. \\ Oct. 6 & Issued 750 shares of preferred stock for $160 per share. \\ Oct. 9 & Issued 10,000 shares of common stock for cash of $40,000. \\ Oct. 10 & Declareda$20,000cashdividendforstockholdersofrecordonOct.20.UseaseparateDividendsPayableaccountforpreferredandcommonstock. \\ Oct. 25 & Paid the cash dividend. \\ \hline Assume D - Mobile's net income for the month was $89,000. \end{tabular} Requirement 1. Record the transacuons in the generai journal. (Record dedits urst, then creais. Serect tne explanauon on the is Oct. 2: Issued 20,000 shares of common stock for a building with a market value of $150,000. Oct. 6: Issued 750 shares of preferred stock for $160 per share. Oct. 9: Issued 10,000 shares of common stock for cash of $40,000. Det 25 : Pald the cast dividend
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