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ter 13 Homework K Question 8, PF13-40A (similar to) Part 1 of 6 HW Score: 44.01%, 44.01 of 100 points O Points: 0 of
ter 13 Homework K Question 8, PF13-40A (similar to) Part 1 of 6 HW Score: 44.01%, 44.01 of 100 points O Points: 0 of 20 Treat Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30, 2024: (Click the icon to view the partial balance sheet.) Read the requirements. Requirement 1. Identify the different classes of stock that Treat Comfort Specialists has outstanding. Treat has outstanding. common stock preferred stock preferred stock and common stock preferred stock and treasury stock a Homework Question 8, PF13-40A (similar to) Part 1 of 6 points O Points: 0 of 20 Treat Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30, 2024: (Click the icon to view the partial balance sheet.) Read the requirements. Data table - X ng. Stockholders' Equity Paid-In Capital: Preferred Stock-8%, ? Par Value; 675,000 shares authorized, 300,000 shares issued and outstanding Common Stock-$1 Par Value; 8,000,000 shares authorized, 1,360,000 shares issued and outstanding 1,500,000 1,360,000 Paid-In Capital in Excess of Par-Common 2,500,000 Total Paid-In Capital 5,360,000 12,500,000 Retained Earnings Total Stockholders' Equity 17,860,000 Print Done lear all Treat Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30, 202 (Click the icon to view the partial balance sheet.) Read the requirements. Requirements 1. 2. 3. Identify the different classes of stock that Treat Comfort Specialists has outstanding. What is the par value per share of Treat Comfort Specialists' preferred stock? Make two summary journal entries to record issuance of all the Treat Comfort Specialists' stock for cash. Explanations are not required. 4. No preferred dividends are in arrears. Journalize the declaration of a $600,000 dividend at June 30, 2024, and the payment of the dividend on July 20, 2024. Use separate Dividends Payable accounts for preferred and common stock. An explanation is not required. Print Done - X g.
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