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On January 1, 2020 Meks i d 3 000 000 10 y 4 bonds 102 Interest is payable annually on January 1 The Journal entry

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On January 1, 2020 Meks i d 3 000 000 10 y 4 bonds 102 Interest is payable annually on January 1 The Journal entry to record a r on on January 1 2020 a Cash 5,000,000 Bonds Payable 5.000.000 D. Cash Bonds Payable 5.100.000 5.100,000 Premium on Bonds Payable Cash Bonds Payable 100 000 5,000,000 5.100.000 d 5,100,000 Cash Bonds Payable Premium on Bonds Payable 5,000,000 100,000 Outstanding stock of the Crevusse Corporation included 40.000 shares of $5 par common stock and 20,000 shares of 5%, SIO par nonsumulative preferred stock. In 2019, Crevusse declared and paid dividends of $8.000. In 2020, Crevusse declared and paid dividends of $24,000. How much of the 2020 dividend wis distributed to preferred shareholders? a. $14.000 b. $8,000 c. $10,000 d. None of these answer choices are correct Nina Corporation's December 31, 2020 balance sheet showed the following 8% preferred stock, $20 par value, cumulative, 40.000 shares authorized: 20.000 shares issued $ 400,000 Common stock, $10 par value. 4,000,000 shares authorized 3,900,000 shares issued, 3,860,000 shares outstanding 39,000,000 Paid-in capital in excess of par preferred stock 120,000 Paid-in capital in excess of par-common stock 54,000,000 Retained earnings 15,300,000 Treasury stock (40,000 shares) 1,260,000 Nina's total paid-in capital was a. 593,520,000 b. $94.780,000 C. $92,260,000 d. $54,120,000

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