10. On ne corporation is whares of space rather th n Assets Liabilities Stockholders' Equity 11. A corporation has 15.000 shares of $par common stock outstanding on March the company declares a 54 per share dividend to be paid on April 15" to stockholders of record on March 31 Journalize the declaration of the dividend: (3.25 pts) Description/Account Dute Debit Credit Mllustrate how the above entry will affect the accounting equation (amounts and direction): Assets Liabilities + Stockholders' Equity b. Journalize the payment of the dividend: (3.25 pts) bute Description/Account Debit Credit illustrate how the above entry will affect the accounting equation (amounts and direction): Assets Liabilities Stockholders' Equity Page 10 of 11 12. At the end of the year, dividends are closed to what account? (1.25 Point)