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View Policies Current Attempt in Progress The shareholders' equity section of Teal Mountain Corporation at December 3 1 , 2 0 2 3 , included
View Policies Current Attempt in Progress The shareholders' equity section of Teal Mountain Corporation at December included the following: $ preferred shares, cumulative, shares authorized, shares issued $ Common shares, shares authorized, shares issued $ Dividends were not declared on the preferred shares in and are in arrears. On September the board of directors of Teal Mountain Corporation declared dividends on the preferred shares for and to shareholders of record on October payable on October On November the board of directors declared a $ per share dividend on the common shares, payable November to shareholders of record on November Prepare the journal entries that should be made by Teal Mountain Corporation in Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. 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. Date Account Titles Debit Credit
View Policies
Current Attempt in Progress
The shareholders' equity section of Teal Mountain Corporation at December included the following:
$ preferred shares, cumulative,
shares authorized, shares issued $
Common shares, shares authorized,
shares issued
$
Dividends were not declared on the preferred shares in and are in arrears.
On September the board of directors of Teal Mountain Corporation declared dividends on the preferred shares for and to shareholders of record on October payable on October
On November the board of directors declared a $ per share dividend on the common shares, payable November to shareholders of record on November
Prepare the journal entries that should be made by Teal Mountain Corporation in Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. 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.
Date
Account Titles
Debit
Credit
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