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At Dec.31,2020 X company has following Balances Share Capital of OS $500,000 at par value of $10per share Share Capital of PS $100,000 at par
At Dec.31,2020 X company has following Balances | ||||||
Share Capital of OS $500,000 at par value of $10per share | ||||||
Share Capital of PS $100,000 at par value $100 per share | ||||||
Retained Earning | $200,000 | |||||
PS has a right in 5% interest and cumulative and fully participating | ||||||
Dividends Paid is $100,000 | ||||||
PS has one year dividends in arrear |
PS Share from cash dividends in 2020 is |
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