Question 1 of 7 -/1 View Policies Current Attempt in Progress Swifty Co. had the following transactions during the current period. Mar 2 Issued 4,200 shares of R$2 par value ordinary shares to attorneys in payment of a bill for R$48,400 for services performed in helping the company to incorporate. June 12 Issued 57,400 shares of R$2 par value ordinary shares for cash of R$523,600. July 11 Issued 1.975 shares of R$ 120 par value preference shares for cash at R$130 per share. Nov. 28 Purchased 2,540 shares of treasury shares for R$ 18,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Da Account Titles and Explanation Debit Credit Current Attempt in Progress Wildhorse Corporation was organized on January 1, 2019. During its first year, the company issued 2,100 shares of HK$ 50 par value preference shares and 140,000 shares of HK$ 10 par value ordinary shares. At December 31, the company declared the following cash dividends: 2019, HK$ 5,500; 2020, HK$ 13,300; and 2021, HK$ 29,100 (HK$ in thousands). Show the allocation of dividends to each class of shares, assuming the preference share dividend is 7% and non-cumulative. 2019 2020 2021 Allocation to preferred shares HK$ HK$ HK$ Remainder to ordinary shares HK$ HK$ HK$ e Textbook and Media List of Accounts Show the allocation of dividends to each class of shares, assuming the preference share dividend is 8% and cumulative. 2019 2020 2021 Allocation to preferred shares HK$ HK$ HK$ Remainder to ordinary shares HK$ HK$ HK$ Journalize the declaration of the cash dividend at December 31, 2021, under part (b). (Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec 31