Check 9 1. Prepare the journal entry to record Tamas Company's Issuance of 5,600 shares of $100 par value, 8% cumulative preferred stock for $102 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.) nts Complete this question by entering your answers in the tabs below. Skipped eBook Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 5,600 shares of $100 par value, 8% cumulative preferred stock for $102 cash per share. Print rences View transaction fiat Journal entry worksheet Record the issue of $100 par value preferred stock for $102 cash per share. Note: Enter debits before credits Transaction General Journal Debit Credit 1 9 1. Prepare the journal entry to record Tamas Company's issuance of 5,600 shares $100 par value, 8% cumulative preferred stock for $102 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.) ts kipped Complete this question by entering your answers in the tabs below. Book Ant rint Required 1 Required 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.) Par Value per Dividend Dividend per Number of Preferred Preferred Rate Preferred Preferred Share Share Dividend Shares ences