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The company has both preferred shares and common shares authorized and outstanding. The company is...

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Accounting

The company has both preferred shares and common shares authorized and outstanding. The company is authorized to issue 10,000 $5 non-cumulative preferred shares and at January 31, 2022 it has 500 issued and outstanding. The company is authorized to issue unlimited common shares and at January 31, 2022 has 71,000 issued and outstanding.

more informations

Retained Earnings 191,537

Cash dividends - common - A 51,000
Cash dividends - preferred

4,000

Cr Common shares 365,000

Cr Preferred Shares 25,000

How should I record this informations in Shareholders Equity (balance sheet)?

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