in a written for i am sending you just in case if you dont understand from picture
so this is the only information question and requirments on the base of this i have to journal entries in four parts which u. can see in requirment so pleaee answer me quickly
On January 1, 2020. Pacino Company issued 1.300 shares of 4% 5125 par cumulative preferred stock for 5182.000 on December 26, 2021. the board of duct declared dividends of $11,000, which were paid on December 31, 2021. The board of directors did not declare dividends again on December 23 2024 at which time they declared dividends of 541,500 Pacino paid the dividends on December 27 2024 Any dividends declared bryand utat is de to the praturus stockholders go to the common stockholders Read the sun Requirement a What is the journal entry to record the brance of preferred stock? Record the issuance of preferred stock January 1, 2020 (Record debitsfest, then credit Exclude explanations from wyjamal entre) Account January 1, 2020 jo er a. What is the journal entry to record the issuance of preferred stock? b. What is the journal entry to record the declaration and payment of cash dividends in 2021? What footnote disclosures are necessary for dividends in arrears in fiscal year 2021? What footnote disclosures are necessary for dividends in arrears in fiscal year 20237 d What is the journal entry to record the declaration and payment of cash dividends in 2024? C. Print Done on january 1 2020 paco comapny issued 1800 shares of 5% $105 per cumumlative preferred stock for $225000 on december 26 2021 the board of directors declared dividend of $13900 which were paid on december 31,2021 the board of directors didnt declare dividends again until december 24,2024 at which time they declared dividend of $44350 paco paid the dividends on december 27 2024 any dividends declared beyond what is due to the preferred stockholders go to common stockholders jol em a. What is the journal entry to record the issuance of preferred stock? b. What is the journal entry to record the declaration and payment of cash dividends in 20212 What footnote disclosures are necessary for dividends in arrears in fiscal year 2021? What footnote disclosures are necessary for dividends in arrears in fiscal year 20237 d What is the journal entry to record the declaration and payment of cash dividends in 2024? C. Print Done