shares of $3 par value common stock. During the first month, A - Wireless completed the following transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Oct. 2: Issued 23,000 shares of common stock for a building with a market value of $160,000. More info Oct. 6: Issued 800 shares of preferred stock for $120 per share. \begin{tabular}{|c|c|} \hline Oct. 2 & Issued 23,000 shares of common stock for a building with a market value of $160,000. \\ \hline Oct. 6 & Issued 800 shares of preferred stock for $120 per share. \\ \hline Oct. 9 & Issued 10,000 shares of common stock for cash of $60,000. \\ \hline Oct. 10 & \begin{tabular}{l} Declared a $17,000 cash dividend for stockholders of record on Oct. 20 . Use a separate \\ Dividends Payable account for preferred and common stock. \end{tabular} \\ \hline Oct. 25 & Paid the cash dividend. \\ \hline \end{tabular} Oct. 9: Issued 10,000 shares of common stock for cash of $60,000
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