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1. Prepare the journal entry to record Tamas Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock fot $102 cash per

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1. Prepare the journal entry to record Tamas Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock fot $102 cash per share 2. Assuming the facts in part 1 of Tamas declares a year-end cash dividend what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears) Complete this question by entering your answers in the tabs below. Required 2 Required 1 Prepare the journal entry to record Taman Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock for $102 cash per share View transaction list Journal entry worksheet Record the issuance of 5,000 shares of 5100 par value, 7% cumulative preferred stock for $102 cash per share tietetter det before credit Debit Credit Transaction General Journal 1. Prepare the journal entry to record Tamas Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock for $102 cash per share 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) Complete this question by entering your answers in the tabs below. Required Required 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 Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Preferred Share Dividend Rate

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