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JetNew Has the Follow Share Outstanding Since Their Initial Share

Question 83

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JetNew has the follow share outstanding since their initial share offering:
30,000 shares of $2.00 cumulative preferred shares
60,000 common shares issued at $10 each
The board of directors has declared the following dividends:
JetNew has the follow share outstanding since their initial share offering: 30,000 shares of $2.00 cumulative preferred shares 60,000 common shares issued at $10 each The board of directors has declared the following dividends: What would the journal entry have looked like on the date of declaration for each year? What would the journal entry have looked like on the date of declaration for each year?

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2013 no entry
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