Question
write down all jorunal entry and balance sheet FF-3:30 3B17ama 00 68% 2024-03-10 MGT120 Class9 v class9 15. The following shareholders' 2020 were as follows:
write down all jorunal entry and balance sheet
FF-3:30 3B17ama 00 68% 2024-03-10 MGT120 Class9 v class9 15. The following shareholders' 2020 were as follows: Preferred shares ($6, cumulative, issued) 2024-03-10 MGT120 Class9 equity accounts of ABC corporation on January l, 3606 shares authorized, 2228 shares 431,549 Common shares (434,056 shares authorized, 197,785 shares issued) Retained earnin 523,948 The company was unable to pay the dividends on prefer-red shares or 2019. During 2020, the corporation had these transactions and event pertaining to the shareholders' equity. February I : Issued 5, 860 common shares for S 24, 963 September I : Declared and paid the dividend in arrears on preferred shares . October I : Declared a cash dividend ( for the current year ) on prefened shares , payable November I December I : Declared a $0.76 per share cash dividend to common shareholders of record on December 5 , December 3 1 , 2020 December I : Determined that net come for the year was I . At December 31 . the market price of the common shares was $3 per share -EJ JE, balance sheet fitJ SE
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