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Both parts please Dividend per Par Value per Dividend Preferred Preferred Share Share 1. Prepare the journal entry to record Tamas Company's issuance of 5.800

Both parts please
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Dividend per Par Value per Dividend Preferred Preferred Share Share 1. Prepare the journal entry to record Tamas Company's issuance of 5.800 shares of $100 par value. 6% cumulative preferred stock for $104 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Required 2 Required 1 Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) of 12 Numbewof Preferred Shares Required 1 Preferred Dividend 7 Next

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