TUU SRipped this question in the previous attempt. Che QS 13-9 Preferred stock issuance and...
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TUU SRipped this question in the previous attempt. Che QS 13-9 Preferred stock issuance and dividends LO C2 1. Prepare the journal entry to record Tamas Company's issuance of 6,500 shares of $100 par value, 9% cumulative preferred stock for $105 cash per share. View transaction list Journal entry worksheet Record entry Clear entry ook View general Journal nt 2. Assuming the facts in part 1, If Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend
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