Question: Question #6 Stockholder's Equity analysis (Five parts: 10 total points) Use the following information to answer parts Athrough C: Survivor Company was formed on January

 Question #6 Stockholder's Equity analysis (Five parts: 10 total points) Use
the following information to answer parts Athrough C: Survivor Company was formed

Question #6 Stockholder's Equity analysis (Five parts: 10 total points) Use the following information to answer parts Athrough C: Survivor Company was formed on January 1, 2019 by selling and issuing 20,000 shares of common stock at S15 per share. On December 1, 2019, the company declared a cash dividend of S10,000, which will be paid in cash on January 15, 2020. Required: A. Prepare the journal entry to record the sale and issuance of the common stock on January 1, 2019 assuming the common stock has a par value of S10 per share. (2 points) B. Prepare the journal entry to record the dividend declaration on December 1, 2019. ( points) C. Prepare the journal entry to record payment of the dividend on January 15, 2020.2 points) Use the following information to answer parts D and E: The following information is provided for Bold Company for the year 2017: Preferred stock, 6%, $50 par value. 1.000 shares issued and outstanding Common stock, $100 par value, 2,000 shares issued and outstanding Dividends in arrears for three prior years (2014-2016) Total dividends declared and paid in 2017 were $50,000. D. How much of the 2017 dividend payment was paid to the preferred stockholders assuming the preferred stock is cumulative? (2 points) E. How much of the 2017 dividend payment was paid to the common stockholders assuming the preferred stock is noncumulative

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