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answer both pls The stockholders' equity section of Metlock, Inc. at December 31,2019 , included the following: Dividends were not declared on the preferred stock
answer both pls The stockholders' equity section of Metlock, Inc. at December 31,2019 , included the following: Dividends were not declared on the preferred stock in 2019 and are in arrears. On September 15, 2020, the board of directors of Metlock, Inc, declared dividends on the preferred stock to stockholders of record on October 1, 2020, payable on October 15, 2020. On November 1, 2020, the board of directors declared a \$1 per share dividend on the common stock, payable November 30,2020 , to stockholders of record on November 15,2020 , Prepare the journal entries that should be made by Metlock, Inc, on the dates indicated below: Date Account Titles and Explanation Debit Credit
answer both pls
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