S 13-11 (Algo) Preferred stock issuance and dividends LO C2 1. 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. 2. Assuming the facts in part 1, if Tamas 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 Record the issuance of 5,300 shares of $100 par value, 8% cumulative preferred stock for $103 cash per share. Note: Enter debits before credits 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 < Record the issuance of 5,300 shares of $100 par value, 8% cumulative preferred stock for $103 cash per share. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal QS 13-11 (Algo) Preferred stock issuance and dividends LO C2 1. 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. 2. Assuming the facts in part 1, if Tamas 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 Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Par Value per Preferred Dividend Rate Sharo Dividend per Preferred Share Number of Preferred Preferred Dividend Shares % < Required 1 Required 2 >