Question: q1: q2: Current Attempt in Progress Concord Co. had the following transactions during the current period. Mar. 2 Issued 4,700 shares of R$2 par value





Current Attempt in Progress Concord Co. had the following transactions during the current period. Mar. 2 Issued 4,700 shares of R\$2 par value ordinary shares to attorneys in payment of a bill for R\$48,000 for services performed in helping the company to incorporate. June 12 issued 59.700 shares of R\$2 par value ordinary shares for cash of R\$525.900. July 11 Issued 1575 shares of R\$120 par value preference shares for cashat R\$130 per share Nov. 28 Purchased 2,750 shares of treasury shares for RS15,800. Journalize the transactions. (Record journal entries in the order presented in the problem Credit occount vitles are dutomaticalify indented when amount is entered. Do not indent manuolly.) Date Account Tities and Explanation Debit Credil eTextbook and Media Blossom Corporation was organized on January 1,2019. During its first year, the company issued 2,000 shares of $K50 par value preference shares and 145.000 shares of HK\$10 par value ordinary shares. At December 31 , the company declared the following cash dividends: 2019,4K$5,500;2020,4K$14,400; and 2021,HK$28,700(HK$ in thousands). Show the allocation of dividends to each class of shares, assuming the prefer ence share dividend is 6% and non cumulative. Show the allocation of dividends to eachclass of shises. sssuming the preference shire dividend is 7 se aind cumulative Joumalize the declaration of the cash dividend at December 31, 2021, under part (b). (Credit account tities are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts
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