1 points Save A A company's board of directors votes to declare a cash dividend of $1.00 per share on its 12,000 common shares outstanding. The journal entry to record the payment of the cash vidund Debit Dividend Expense $12,000, credit Common Dividend Payable $12,000 O Debit Common Dividend Payable $12,000, credit Cash $12,000 O No entry O Debit Dividend Expense $12,000; credit Cash $12,000