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1. Prepare the joumal entry to record Tamas Company's Issuance of 6,300 shares of $100 par value, 7% cumulatlve preferred stock f $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.) Complete this question by entering your answers in the tabs below. 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. Journal entry worksheet Record the issuance of 6,300 shares of $100 par value, 7% cumulative preferred stock for $103 cash per share. Note: Enter debits before credits. 1. Prepare the joumal entry to record Tamas Company's Issuance of 6,300 shares of $100 par value, 7% cumulative preferred stock $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.) Complete this question by entering your answers in the tabs below. 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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