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Question: 1 how did the 9k of 2020 and 7k of...

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ent CALCULATOR | | MESSAGE NY INSTRUCTOR FULL SCREEN RIİNTIR VIRSION BACK NEXT Knudsen Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,000 shares of $50 par value preferred stock and 100,000 shares of $10 par value common stock. At December 31, the company dedlared the following cash dividends: 2019-$5,000: 2020, $12,000; and 2021, $28,000. Your answer is correct. Show the allocation of dividends to each dass of stock, assuming the preferred stock didend is 6% and noncum dative. 2019 2021 Allocation to preferred stock 6,000 6,000 Allocation to common stock 22, LINK TO TEXT Your answer is partially correct. Thy again show the allocation of dividends to each dass of stock, assuming the preferred stock dividend is 7% and cumotah 2019 2020 2021 Allocation to preferred stock 1- how did the 9k of 2020 and 7k of 21 come?
Your answer is partially correct. Try again Journalize the dedlaration of the cash dividend at December 31, 2021, under part (b). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry for the account titles and enter o for the amounts) Date Account T Dec. 31 |Cash Dividends Payable 2- How much is the cash dividends?
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