Preferred stock has priority rights over common stock in O selling preferred stock voting rights O receipt of treasury stock. receiving dividend payments. Newtown Cous 7 proferred stock with a 5100 par value. This means that Only 7% of the total paid in capital can be preferred stock The preferred stockholder could receive an annual dividend of S7 por share of preferred stock Preferred shareholders have a guaranteed dividend of 5107 Preferred shareholders are entitled to 7% of any declared dividends. Om 100.000 home chamando co 2.000.000 ON My Como convencidond on 100.000 contingent Decond Etporu 510.000: Chit Cash 10.000, Dot Cond P510.000.000 Debe and spent 510,000. Common Divid Part 10.000 Debuted aig 10.000cro Cound 10000 Question 11 1 Tryon Board of Directors volo lo declare in cash dividend of 5700 per ham on, common sometido Debt Dividend Expose 550.000, credit Common Dividend pay 550.000 Debit Retained Earnings 550.000 redit Canon Didend Payabi 550.000 Datit Common Dividend Paysite 550,000 credit Cash 550.000 Debt Dividend Expense 50.000 credit cash 550.000 Preferred stock has priority rights over common stock in O selling preferred stock voting rights O receipt of treasury stock. receiving dividend payments. Newtown Cous 7 proferred stock with a 5100 par value. This means that Only 7% of the total paid in capital can be preferred stock The preferred stockholder could receive an annual dividend of S7 por share of preferred stock Preferred shareholders have a guaranteed dividend of 5107 Preferred shareholders are entitled to 7% of any declared dividends. Om 100.000 home chamando co 2.000.000 ON My Como convencidond on 100.000 contingent Decond Etporu 510.000: Chit Cash 10.000, Dot Cond P510.000.000 Debe and spent 510,000. Common Divid Part 10.000 Debuted aig 10.000cro Cound 10000 Question 11 1 Tryon Board of Directors volo lo declare in cash dividend of 5700 per ham on, common sometido Debt Dividend Expose 550.000, credit Common Dividend pay 550.000 Debit Retained Earnings 550.000 redit Canon Didend Payabi 550.000 Datit Common Dividend Paysite 550,000 credit Cash 550.000 Debt Dividend Expense 50.000 credit cash 550.000