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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 | ||||||
| OS share from Cash Dividends in 2020 is |
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For Wahlen/jones/pagachs Intermediate Accounting Reporting And Analysis, , 2 Terms
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd Edition
1305405676, 9781305405677
