39. What is the journal entry to record a. Dividends Retained Earnings the journal entry to record the payment of the above dividend? $15,000 $15,000 b. Dividends Payable $15,000 Cash $15,000 company's quarterly dividend meeting held April 9. the directors declared a $0.50 per share cash dividend for the holders of record on Monday, May 1. The investors who own the stock on w ill receive the dividends. a. April 9 b. May 1 c. January 1 d. December 31