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San Juan, LTD, has 13885 shares of cumulative preferred 2% stock, $100 par and 128033 shares of 24 par common stock. The following amounts were
San Juan, LTD, has 13885 shares of cumulative preferred 2% stock, $100 par and 128033 shares of 24 par common stock. The following amounts were distributed as dividends:
What amount of dividends were distributed to preferred shareholders in 20Y1?
Assuming that dividends were declared and paid on Dec. 31, write the journal entry to record dividends distributed in 20Y1.
What is the dividends per share of preferred stock in 20Y1?
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