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s Weatern Communicators has the following stodholders' equty on December 31, 2024 : (Click on the icon to vieve the stockhoiders oquity) Read the requitements.
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Weatern Communicators has the following stodholders' equty on December 31, 2024 : (Click on the icon to vieve the stockhoiders oquity) Read the requitements. line?) Wester's 2024 dividend would be divided between prelered and common stockholders n this marner: Requirements Data table 1. Assuming the peefered stock is cumulative compute se amount of divioents to prefemed stocitholders and to common stodholders for 2024 and 2025 l total dividends are 515,200 in 2024 and 540,000 in 2025 . Assume no changes in preferred stock ard oommon stook in 2025. 2. Record the journal entries for 2024, assuming that Western Communicatons deelared the dividend on December 1 fox stochoiders of resord on Decenber. 10. Western Communcations pad the dividend on December 20 Step by Step Solution
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