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29. What is the journal entry to record the declaration of a $15,000 dividend? a. Dividends $15,000 Retained Earnings S15,000 b. Cash S15,000 $15,000 Dividends

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29. What is the journal entry to record the declaration of a $15,000 dividend? a. Dividends $15,000 Retained Earnings S15,000 b. Cash S15,000 $15,000 Dividends Payable c. Dividends $15,000 Dividends Payable S15,000 0. What is the journal entry to record the payment of the above dividend? a. Dividends $15,000 Retained Earnings S15,000 b. Dividends Payable S15,000 Cash S15,000

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