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Exercise 148 The stockholders equity section of Echota Corporation at December 31, 2016, nded the following: preferred stock, $100 part, comte 10,000 shares author, 8.000

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Exercise 148 The stockholders equity section of Echota Corporation at December 31, 2016, nded the following: preferred stock, $100 part, comte 10,000 shares author, 8.000 shares issued and outstanding $600,000 Com 10 paraut, 250,000 shares authorized 200,000 shares and outstanding $2,000,000 Dividends were not declared on the preferred stock in 2016 and are in areas. On Seatember 15, 2017, the board of directors of Echota Corporation dedared dividends on the preferred stock for 2016 and 2017 to holders of record on October 1, 2017, Date on October 15, 2017 On November 1, 2017, the board of director deed a 5.75 per se dividend on the formon stock, payable November 30, 2017. tastocnolders of record on November 15, 2017 Prepare the journal entries that should be made by Echota Corporation on the dates indicated below September 15, 2017 November 1, 2017 October 1, 2017 November 15, 2017 October 15, 2017 November 30, 2017 (I me entry required to cry for the court title ander for the amount Credit contrare automatically it when the amount is one of in Det Credit Date Acounties and Explanation 2577 10/1/12 VIS 0613 October 15, 2017 November 30, 2017 T RESOURCES 14, 15, 16- 21 Raise 14-2 (If no entry is required, select "No entry" for the account titles and enter o for the amounts. Credit account titles manually.) Date Account Titles and Explanation Debit Credit 9/15/17 150 Exercise 155 Exccc 152 10/1/17 w Score Ew Results by Study 10/15/17 11/1/17 11/15/17 11/10/17 Click you would like to show Work for this question: Our Woch o

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