B-mobile wireless needed additional capital to expand, so the
B-Mobile Wireless needed additional capital to expand, so the business incorporated. The charter from the state of Georgia authorizes B-Mobile to issue 70,000 shares of 5%, $100-par preferred stock, and 110,000 shares of no-par common stock. B-Mobile completed the following transactions: Oct 2 Issued 19,000 shares of common stock for equipment with a market value of $110,000. 6 Issued […]
