200000 shares of no-par common stock 10000 shares of 100, Ask an Expert

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200,000 shares of no-par common stock. 10,000 shares of $100 par, 8 percent, cumulative preferred stock.Varsity declared a $200,000 cash dividend to be paid March 31 to shareholders of record.Total Dividend Declared Preferred Arrearage preferred?Current Preferred Dividend preferred? Available for Common? Distributed to Common? Total of preferred and common stock?

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Accounting Basics, Accounting

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