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Business, 04.12.2019 06:31 BigI80531

1. prepare the journal entry to record tamas company’s issuance of 6,300 shares of $100 par value, 7% cumulative preferred stock for $103 cash per share. 2. assuming the facts in part 1, if tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (assume no dividends in arrears.)

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1. prepare the journal entry to record tamas company’s issuance of 6,300 shares of $100 par value, 7...
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