The Shrievport Hotel, Inc., included the following stockholders' equity on its year-end balance sheet at December 31, 2018. (Click the icon to view the balance sheet information.) Read the requirements. Requirement 1. Identify the different issues of stock that the Shrievport Hotel, Inc., has outstanding. Shrievport Hotel, Inc. has outstanding. Requirement 2. Give the two entries to record issuance of the Shrievport Hotel, Inc.'s stock. Assume that all the stock was issued for cash. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Start by recording the issuance of the preferred stock. Date Cash Preferred stock Journal Entry Accounts Debit Credit Record the issuance of the common stock. Record the issuance of the common stock. Date Cash Common stock Journal Entry Accounts Debit Credit Paid-in capital in excess of par-common Requirement 3. Assume that preferred dividends are in arrears for 2017 and 2018. Record the declaration of a $39,000 cash dividend on December 30, 2019. Assume no change in the preferred stock account in 2019. Use separate Dividends payable accounts for preferred and common stock. An explanation is not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Dividends payable, preferred Dividends payable, common Cash Debit Credit Data table Paid-in capital: Stockholders' Equity Preferred stock, 5%, cumulative, par value $10 per share; 95,000 shares authorized, 6,100 shares issued and outstanding Common stock, par value $3 per share; 950,000 shares authorized, 210,000 shares issued and outstanding Paid-in capital in excess of parcommon Total paid-in capital Retained earnings Total stockholders' equity 61,000 630,000 120,000 811,000 215,000 $ 1,026,000 Print Done