E15-8 (Preference Share Entries and Dividends) Weisberg Corporation has 10,000 shares of $100 bar value, 6%, preference shares and 50,000 ordinary shares of $10 par value outstanding at December 31, 2015. Instructions Answer the questions in each of the following independent situations. (a) If the preference shares are cumulative and dividends were last paid on the preference shares on December 31, 2012, what are the dividends in arrears that should be reported on the December 31, 2015, statement of financial position? How should these dividends be reported? (b) If the preference shares are convertible into seven shares of $10 par value ordinary shares and 3,000 shares are converted, what entry is required for the conversion, assuming the preference shares were issued at par value? (c) If the preference shares were issued at $107 per share, how should the preference shares be reported in the equity section?

P13-6A Rainy Day Corporation has 50,000 $0.50 preferred shares and 600,000 common shares issued and outstanding. During a three-year period, Rainy Day Corporation declared and paid cash dividends as follows: 2017, $0; 2018, $114,000; and 2019, $260,000. Required 1. Compute the total dividends to preferred shares and common shares for each of the three years if a. Preferred shares are noncumulative. b. Preferred shares are cumulative. 2. For requirement 1b, record the declaration of the 2019 dividends on December 22, 2019, and the payment of the dividends on January 12, 2020. 3 Computing dividends on preferred and common shares 1. b. 2018: Preferred, $50,000

On January 1, 2020, Company D issued 6,000 shares of its $2 par Common Stock when the market price was $30 and issued 1,000 shares of its $25 par Preferred Stock when the market price was $62 per share. What amounts would be reported on the balance sheet for Preferred Stock and Paid-In Preferred Stock? the above information is all that was given on the assignment, no further information was given for the question

Jupiter corporation had the following shares outstanding at December 31. 2018: Ordinary shares, par P80 - 320.000: 6% preference shares, par P80 - 160.000. Accumulated profits for dividend distribution amounted to P64.400. No dividends were declared for 2016 and 2017. If the preference share capital is cumulative and fully participating, what is the dividends per share of the preference share? (Round off answers to two decimal places.)

612,000 common shares outstanding. During 2020, it had the following transactions thataffected the common share account:Feb. 1Mar. 1May 1June 1Oct. 1Issued 154,000 shares.(a)Issued a 10% stock dividend.Acquired 166,000 common shares and retired them.Issued a 3-for-1 stock split.Issued 61,000 shares.The company's year end is December 31.Determine the weighted average number of shares outstanding as at December 31, 2020. (Round answer to 0 decimal places, e.g.5,275.)Weighted average number of shares outstandingshares Please don't provide solution in an image format thank you