What is fully participating preferred stock


Response to the following questions:

1. What are the four important dates in regard to a cash dividend? What journal entry does the corporation make on each date?

2. What is fully participating preferred stock? Partially participating preferred stock?

3. Discuss how a corporation records the declaration of a property dividend.

Support your answer using a minimum of two professional or academic sources.

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Accounting Basics: What is fully participating preferred stock
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