Top Hotel, ck the icon e requireme ement 1. Id Hotel, Inc. rement 2. Gi d. (Record d y recording t te e from any li Data Table Stockholders' Equity Paid-in capital: Preferred stock, 8%, cumulative, par value $10 per share; 70,000 shares authorized, 6,400 shares issued and outstanding Common stock, par value $3 per share; 650,000 shares authorized, 250,000 shares issued and outstanding Paid-in capital in excess of par-common Total paid-in capital Retained earnings Total stockholders' equity Print Done $ $ 64,000 750,000 95,000 909,000 252,000 $ 1,161,000 X planations are nom The Hill Top 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 Hill Top Hotel, Inc., has outstanding. Hill Top Hotel, Inc. has outstanding. Requirement 2. Give the two entries to record issuance of the Hill Top 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 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Record the issuance of the common stock. Date Journal Entry Accounts Debit Credit Requirement 3. Assume that preferred dividends are in arrears for 2017 and 2018. Record the declaration of a $33,000 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 Choose from any list or enter any number in the input fields and then continue to the next question Requirement 3. Assume that preferred dividends are in arrears for 2017 and 2018 Record the declaration of a $33,000 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 Debit Credit