Question: Upper C minus Wireless CWireless Wireless needed additional capital toexpand, so the business incorporated. The charter from the state of Georgia authorizes Upper C minus

Upper C minus Wireless

CWireless Wireless needed additional capital toexpand, so the business incorporated. The charter from the state of Georgia authorizes Upper C minus Wireless

CWireless to issue 90 comma 000

90,000 shares of 8 %

8%, $50

50 par value cumulative preferred stock and 160 comma 000

160,000 shares of $4

4 par value common stock. During the firstmonth, Upper C minus Wireless

CWireless completed the followingtransactions:

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