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per share. 1. Prepare the journal entry to record Tamas Company's issuance of 5,300 shares of S100 par value, 8% cumulative preferred stock for $103

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per share. 1. Prepare the journal entry to record Tamas Company's issuance of 5,300 shares of S100 par value, 8% cumulative preferred stock for $103 cash 2. Assuming the facts in part 1, if Tomas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 5,300 shares of $100 par value, 8% cumulative preferred stock for $103 cash per share. View transaction list Journal entry worksheet

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