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The stockholders' equity section of Blossom Supply Corporation at December 3 1 , 2 0 2 4 , included the following: 4 % preferred stock,
The stockholders' equity section of Blossom Supply Corporation at December included the following:
preferred stock, $ par value, cumulative,
shares authorized, shares issued and outstanding
$
Common stock, $ par value, shares authorized, shares issued and outstanding
$
Dividends were not declared on the preferred stock in and are in arrears.
On September the board of directors of Blossom Supply Corporation declared dividends on the preferred stock to stockholders of record on October payable on October
On November the board of directors declared a $ per share dividend on the common stock, payable November to stockholders of record on November
Prepare the journal entries that should be made by Blossom Supply Corporation on the dates indicated below:
September
November
October
November
October
November
Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the amounts. Record joumal entries in the order presented in the problem. Ust all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
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