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Points: 0.83 04 Thought Comfort Special Inceported the ghosen blanceshature 30 2004 Tick the icon to view the partie balance sheet) Read the @ Save

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Points: 0.83 04 Thought Comfort Special Inceported the ghosen blanceshature 30 2004 Tick the icon to view the partie balance sheet) Read the @ Save Requirement. May pumanto record of the Confort Speditor cash Eyland Records for the late planten tromy journal) Begin by recording the face of the preferred stock Date Accounts Deba Crede 1000000 1000000 Next record the wance of the cock Acc Det Cash Gesti Como 51 Par Veli Tutoring Help me solve this Get more help Clour all Check stock - Data table d debits first, th cord is 1,000,000 Stockholders' Equity Paid-In Capital: Preferred Stock-5%, ? Par Value: 750,000 shares authorized, 250,000 shares issued and outstanding Common Stock-$1 Par Value; 4,000,000 shares authorized, 1,320,000 shares issued and outstanding Paid-In Capital in Excess of Par Common Total Paid In Capital 1,320.000 2,400,000 4.720,000 12,100,000 Retained Earnings $ 16,820,000 Total Stockholders' Equity - Requirements de 1. 2. 3. Identify the different classes of stock that Thoughtful Comfort Specialists has outstanding What is the par value per share of Thoughtful Comfort Specialists' preferred stock? Make two summary journal entries to record issuance of all the Thoughtful Comfort Specialists' stock for cash. Explanations are not required. No preferred dividends are in arrears. Journalize the declaration of a $900,000 dividend at June 30, 2024, and the payment of the dividend on July 20, 2024. Use separate Dividends Payable accounts for preferred and common stock. An explanation is not required. 4

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