Thoughtut Comitart Specialsts, Inc reqorthd tro following stocktolders' equty ce its balance sheet of June 30.2024. Aiti (Cick the scon to witw tha partial balance stiedt) Read the tequetetionts Requirements Data table 1. ISantiy the a fornit classes of stock that Thoophttur Comilart Speciatcats has citstanding 2. What s the par vakue per stare of Thoughiths Comion soscaltsts preforred Mod? 3. Make two sumitsary puenal entress to recocd essuanco of ail the Thoughtfui Conifort Speciaksts' thock tor cash Explanabeo are not regured 4. No preferred divisends are in ariears Joumbice the declacation of a 3800,000 dividend at Lune 30.2024 and the poyment of twe dridend on dely 20, 2004 Use separate Dividends Payable accourts for prelered and ceetimoh stock. An explanation in not requend. Requirement 1. Identify the difterent classes of slock that Thoughtifu Comfod Speciasists has cutstanding Thoughtul has outstanding Requirement 2. What is the par value per share of Thoughithit Combort Spocialsts' proburied stock? The par value per share of prefened stock is explanateons from any poumal enties 1 Begin by recording the istincen of the preferred stock Nost, fecord the rssuince of the comenon stock Began by recording the dockrabon of a $200,000 didend at June 30,2024. Recoed the bayment of the divedend in July 20. 2054