A Giant Corp. declareda cash dividend of $1.00 per share on its400,000 shares of common stock outstanding.Declaration date3-1-19, date of record3-15-19 and payment date is 4-1-19. The company also has $500,000 in dividends in arrears on it 300,000 shares of preferred stock. Prepare the necessary journal entries related to the above information. Date Account Title Debit Credit B Randall Company has cash in the register in the amount of $446.25 The current sales tax rate is 6.25% The company does not separate out the sales tax payable from the sales revenue. Prepare the journal entry needed to record this information on April 30, 2019 Date Account Title Debit Credit