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Bonita Limited has the following information available regarding its share capital at December 31, 2023: The shares were issued when the corporation began operations an

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Bonita Limited has the following information available regarding its share capital at December 31, 2023: The shares were issued when the corporation began operations an January 1. 2022 No dividends were declared during 2022 and 2023. On October 27, 2024, the board of directors declares the required preferred share dividends and a 50.50 dividend for each of the common shares. The dividends are payabie on December 1,2024 to the shareholders of fecord on November 16, 2024 (a) How much will be paid to exchciass of shares? Cumulative preferred shares Noncumulative preterred shures Cocmmon thares Attempts: 1 of 2 used Question Part Score 6/6 List of Accounts eTextbook and Media List of Accounts (b) Record jeumat entries in the onder persented in the problem, tist aif debit entrial before condit entries) Prepare journal entries on the appropriate dates for the 2024 dividends. 1Credit account belies are outomatically indented when the Recond joumal entrles in the onder presented in she problem. List all debit entries before credit entries. Prepare fournal entries on the appropriate dates for the 2024 dividends. (Cmst accoont tieler are dutomatically indented inhen the Uist of Accounts Question Part Score 14 (c)

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