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6 Bogscraft Company has outstanding 60,500 shares of $10 par value common stock and 25,100 shares of $20 par value preferred stock (8 percent). On

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6 Bogscraft Company has outstanding 60,500 shares of $10 par value common stock and 25,100 shares of $20 par value preferred stock (8 percent). On February 1, the board of directors voted in favor of an 8 percent cash dividend on the preferred stock. The cash dividends were paid on March 15. The company closed Its books at its fiscal year-end, June 30. 10 points Required: Prepare Journal entries to record the events on (a) February 1, (b) March 15, and (9) June 30. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) & 04:37:51 View transaction list View journal entry worksheet X Debit Credit eBook Record the declaration of a cash dividend of 8 percent to the 25,100 shares of $20 par value preferred stock outstanding. Print 2 Record the payment of the cash dividend to the preferred shareholders. References Record the entry to close the dividends account. Note : = journal entry has been entered

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