Question: Hi, I need help with these please. QUESTION 22 In the event of liquidation, preferred stockholders O are guaranteed to get their investment back in

Hi, I need help with these please.

QUESTION 22 In the event of liquidation, preferred stockholders O are guaranteed to get their investment back in full Ohave first claim on remaining corporate assets after debts are paid may sell their shares for higher amounts than common stock O may retain their proportionate share of voting rights QUESTION 23 4 poi A corporation is a separate legal entity and is organized independently of its owners Tre O False QUESTION 24 4 points A corporation declares a dividend of $0.50 per share on 10,000 shares of common stock. Which of the following would be included in the entry to record the declaration? O Retained Earnings would be debited for $5,000 O Paid-In Capital in Excess of Par-Common would be credited for $5,000 O Retained Earnings would be credited for $5,000 n Dividends Payable-Common would be debited for $5,000

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