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Current Attempt in Progress Cullumber Corporation was organized on January 1, 2019. During its first year, the company issued 2,000 shares of HK$50 par value
Current Attempt in Progress Cullumber Corporation was organized on January 1, 2019. During its first year, the company issued 2,000 shares of HK$50 par value preference shares and 135,000 shares of HK$10 par value ordinary shares. At December 31, the company declared the following cash dividends: 2019. HK$5,600; 2020, HK$12,800; and 2021, HK$29.700 (HKS in thousands). Show the allocation of dividends to each class of shares, assuming the preference share dividend is 7% and non-cumulative. 2020 2021 2019 HKS HKS HK$ Allocation to preferred Shares Remainder to ordinary shares HKS HKS HKS Show the allocation of dividends to each class of shares, assuming the preference share dividend is 8% and cumulative 2019 2020 2021 HK$ HKS HKS Allocation to preferred shares Remainder to ordinary shares HKS HKS HKS e Textbook and Media Journalize the declaration of the cash dividund at December 31, 2021, under part (b). (Credit account tities are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Dec 31 e Textbook and Media List of Accounts a BI # ADDING Type here to search
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