Financial Accounting I did and there we dividence in weld the common share TOTAL DIVIDEND 1000 LESS DIVIDEND FOR PREFERED STOCK 2900 DIVIDEND POR COMMON STOCK 49 B. Declaration of Dividend Optione divide declaration for common stockholders In 2012, the board of direction of Tasty Bakery Corporation declared total dividence of $40.000 The company has 2.000 sex of 65100 per, preferred to There are nodiddin B much of the 540.000 will be paid to the preferred bolden mich will be paid common wholders 2 Bates Corporation as 7.000 shares of 5100 par, cumulative pred stocking and 30.000 shares of Spar common stock outstanding the board of directors declares So total dividends and the company did not pay dividend the previous year, tow much will be preferred common shardholders receive XYZ Company declare dividend of Sil.60 personery 10 herty it med for payment to be made on February Awsume funbeat there were 100.000 comes outstanding on January 23. the date of incord Record journal Entry for 2) Declaration of Dividend ) Payment of Divideod ABC Company has 100,000 shares of common stock $1 par value the market price of the stock $25 on the date of declaration and ed. ABCL declares 25 percent dividend on Dec 31, 2016, whereby it all be paid mary 11, 2017 Required a) Compute the value of Stock dividend b) Pisual Entry to record Dividend doclamation effect c) Pass Journal Entry to record the payment of Dividend 5 Burlon Printing Company had not lete of $175.000 for the year eiled June 30, 2009. Only 15 2009, the board of directors met and declared a dividend of 50 35 por share for the 150.000 outstanding shares of commock The board voted to make the actual distribution on September Ito all shareholders of record of August 1. What is faithe date of declination, the de record, and to the date of paymentyr Burton Printing Company were to prepare baleset July 11. 2009. how would it report the dividende til at RETAINED EARNING 1. On muary 1, 2011, Green Corporation started the year with a 3520.000 halance in retained earnings. During 2011, the company camned net income of $9.500 and declared and paddividens of 510,000. Also, the coursy received cash or 150.000 from now issue of commod. What is the balance in retained earnings on December 31, 2017 Page 3 of 6