Homework: Homework CH13 Score: 8.33 of 20 pts W P13-40A (similar to) Team Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30, 2018: (Click the icon to view the partial balance sheet.) Read the requirements Next, record the issuance of the common stock Date Accounts Credit Debit 3,910,000 Cash Common Stock-51 Par Value Paid In Capital in Excess of ParCommon 1,310,000 2,600,000 Requirement 4. No preferred dividends are in arrears. Journalize the declaration of a $200.000 dividend at June 30, 2018, and the paym not required. (Record debitsrst, then credits Exclude explanations from any journal entries.) Begin by recording the declaration of a $200,000 dividend at June 30, 2018 Accounts Date Credit Debit 200.000 Jun 30 Cash Dividends Dividends Payable-Common Dividends Payable-Preferred Choose from any list or enter any number in the input fields and then click Check Answer Clear 1 javascript.doExercise et at June 30, 2018 Data Table Stockholders' Equity Paid In Capital: Preferred Stock5%, ? Par Value: 750,000 shares authorized, 275,000 shares issued and outstanding S Common Stock-$1 Par Value; 5,000,000 shares authorized, 1,310,000 shares issued and outstanding 1 ,100,000 1,310.000 2,600,000 brate Dividen Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings 5,010,000 11.900.000 16,910,000 bid Total Stockholders' Equity Print Done k Answer Clear All 5 of 7 (7 complete) ce sheet at June 30, 2018: Requirements Deb 3,919 1. 2. 3. Identify the different classes of stock that Team Comfort Specialists has outstanding What is the par value per share of Team Comfort Specialists' preferred stock? Make two summary journal entries to record issuance of all the Team Comfort Specialists' stock for cash. Explanations are not required No preferred dividends are in arrears. Journalize the declaration of a $200.000 dividend at June 30, 2018, and the payment of the dividend on July 20. 2018. Use separate Dividends Payable accounts for preferred and common stock. An explanation is not required. a $20 alent 4. ate Dividends Payat Deb Print Done Check Answer Clear All P]