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Recording the sale of Preferred Stock ( pour $109 1) Record the sale of 1,000 shares of 41 Preferred Stack here $105.000 Recording the declaring
Recording the sale of Preferred Stock ( pour $109 1) Record the sale of 1,000 shares of 41 Preferred Stack here $105.000 Recording the declaring se dividend of $15.00 ASSUME that the company hele profit of $25.00 (see Income Summary count) and decorateduidend 2) Record the entry to decierea $15.000 dividend Recording the payment of a dividend of $15.000 3) Record the entry to pay the $15,000 dividend Assets Liabilities Equity Revenue Expense Acts Poble Common Stock 510 Cented 12.000 50.000 100 DOO 10 000 10.000 Common Stock Perd-te pe Tn Excess of Per 2.000 40.000 90,000 Arche Rechte Wages Payable Preferred Post Theory Dividenda Povable FH UT Ace Dee
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