How come you put 8,000 for common stock if it's non cumulative but leave it...
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Accounting
How come you put 8,000 for common stock if it's non cumulative but leave it blank if it is cumulative?
3/25 Payment date common stock Draends 100,ooo common stock 100,000 2 HEP Corporation has 1,000 shares of 8%, $50 par value cumulative preferred stock and 50,000 shares of $10 par value common stock outstanding. Sox.099 4/Shorex Shore x 1000 shares = 4,000 (es) Allocate the dividends for the following years: lings 2011 2012 2013 Dividends declared $3,000 $6,000 $12,000 Preferred stock 3,000 4.000 5,000 1,000 Common stock non- imuladive Extra Credit 2- 3 A 3-for-1 stock split has been declared. Make changes to the amounts below, if they do change. 300,000x2 - 100.000 100,000 shares of $6 par value common stock = $600,000
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