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The partners who own Ameen Ratts inc. wished to avoid the unlimited personal ability of the partnership form of bothes so they incorporated Amern Rafn Inc. The charter from the state of Utah authorities the corporation to insue 100.000 shares of S1 par common stock has first month Ameen Rats. In completed the following transactions (Click the icon to view the transactions) Read the resulcements Curl More info Requirement 1. Record Oct 6 issued 1.100 shal Det gantin Exp > SUN Date Od Oct 6 od 1.100 shares of common stack to the promotor force de Common stock. The promotional was 531.900 De Organization Expanse 9 Issued 6,000 shares of common stock to Bley Cashan and 13.000 tony in return for cash equal to the stocks that of 523 per share the town partners in Armen Rats Co 26 d 800 shares of common stock for $227 cash per share 5 per share the two 12 Oct issued 6,000 shal women were partners in Print Done Date Od 5 Announ Past Dul Current Oct 26. Issued 300 shares of common stock for $27 cash per share Jotal Entry Oct 26: Issued 800 shares of common stock for $27 cash per shate Journal Entry Date Accounts Oct 26 Debit Credit Requirement 2. Prepare the stockholders' equity section of the Ameen Rates, Inc, balance sheet at October 31, 2019. The ending balance of Retained Emnings is 550,000 (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet) Ameen Rafts, Inc. Balance Sheet (partial) October 31, 2019 nt Stockholders' Equity par shares shares plet Total paid in capital Total stockholders' equity court Next

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