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hi i only need the last part's answers for help. PRINTER VERSION 4 BACK Question 1 Knudsen Corporation was organized on January 1, 2016. During
hi i only need the last part's answers for help.
PRINTER VERSION 4 BACK Question 1 Knudsen Corporation was organized on January 1, 2016. During its first year, the corporation issued 2,100 shares of 50 par value preferred stock and 109,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2016, $4,800; 2017, $13,700; and 2018, $28,500 Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and noncumulative 2016 2017 2018 Allocation to preferred stock 4800 6300 6300 Allocation to common stock 7400 22,200 LINK TO TEXT VIDEO: SEMILAR EXERCISE Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulative 2016 2017 2018 Allocation to preferred stock 4800 8400 12000 $ Allocation to common stock 0 1700 20100 lice Assignment Gradebook ORION Downloadable eTextbook nent PRINTER VERSION 4 4 BACK NEXT 2016 2017 2018 Allocation to preferred stock 4800 S 12000 8400 Allocation to common stock 0 $ 1700 20100 LINK TO TEKY VIDEO SIMILAR EXERCISE Journalize the declaration of the cash dividend at December 31, 2018, under part (b). (Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Click If you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO SIMILAR EXERCISE wwwwwww PRINTER VERSION 4 BACK NEXT 2016 2017 2018 Allocation to preferred stock $ 4800 12000 8400 Allocation to common stock 0 1700 $ 20100 LINK TO TEXT VIDEO: SIMILAR EXERCISE Journalize the declaration of the cash dividend at December 31, 2018, under part (b). (Credit account titles 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 o for the amounts.) Debit Date Account Titles and Explanation Dec. 31 Credit Click If you would like to show Work for this question: Open Show Work LINK TO TEXT VIDEO SIMILAREKERCES Step by Step Solution
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