4. On date of declaration, what is the jourmal entry to record the declaration of a 5,000 cash dividend on common stock? A. Dr. Dividend Payable-Common 5,000; Cr. Retained Earnings 5,000 B. Dr. Retained Earnings 5,000; Cr. Dividend Payable-Common 5,000 C. Dr. Dividend Payable-Common 5,000; Cr. Cash 5,000 D. Dr. Cash 5,000; Cr. Dividend Payable-Common 5,000 E. None of the above 5. On the date of record, what is the journal entry to record a $25000 cash dividend? A. No entry B. Dr. Cash 25000; Cr. Dividend Payable-Common 25000. C. Dr. Retained Earnings 25000; Cr. Dividend Payable--Common 25000. D. Dr. Dividend Payable-Common 25000; Cr. Cash 25000. E. Dr. Dividend Payable--Common 25000; Cr. Retained Earnings 25000 6.Company X issues 30,000 shares of $10 par value common stock for $12 per share. What is the journal entry to record the issuance of the stock? A. Dr. Cash 360,000; Cr. Common Stock 360,000 B. Dr. Cash 360,000; Cr. Common Stock $10 par value 300,000; Cr. Paid-In Capital in Excess of Par Value, Common 60,000 C. Dr. Common Stock 360,000; Cr. Cash 360,000; D. Dr. Cash 360,000; Cr. Common Stock $10 stated value 300,000; Cr. Paid-In Capital in Excess of Stated Value, Common 60,000 E. None of the above Company X purchases 1,000 shares of its own $10 par value common stock for $40000 What the journal entry to record the purchase of the 1000 shares of treasury stock? A. Dr. Cash 40000; Cr. Treasury Stock-- Common 40000. B. Dr. Treasury Stock-- Common 40000.Cr. Cash 40000 C. Dr. Cash 40000; Cr. Common Stock 40000. D. Dr. Common Stock 40000; Cr. Cash 40000