At what point does a cash dividend become a liability of a company? What entries are made

Question:

At what point does a cash become a liability of a company? What entries are made for cash dividends on the declaration date, the record date, and the payment date?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...