1. 2. 3. 4. Identify the different classes of stock that Thurman Comfort Specialists has outstanding What is the par value per share of Thurman Comfort Specialists' preferred stock? Make two summary journal entries to record issuance of all the Thurman Comfort Specialists' stock for cash. Explanations are not required No preferred dividends are in arrears. Journalize the declaration of a $800,000 dividend at June 30, 2018, and the payment of the dividend on July 20, 2018. Use separate Dividends Payable accounts for preferred and common stock. An explanation is not required. at June 0 21.pay efered and Stockholders' Equity Paid-In Capital Preferred Stock-896, ? Par Value, 600,000 shares authorized, 300,000 shares issued and outstanding Common Stock-$1 Par Value; 8,000,000 shares S1,500,000 authorized, 1,310,000 shares issued and 1,310,000 2,500,000 ,310,000 12,300,000 S 17,610,000 outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity