ABC Co. declared a dividend of $3.00 per share on November 1, 2022. The company has 10,000 shares of common stock outstanding and 20,000 preferred stock. The date of record is November 15, and the payment date is November 30. Which statement is true of the date of record? Cash is disbursed to shareholders on the date of record. The company transfers cash to a brokerage firm on the date of record. No journal entry is made on the date of record. The liability must be recorded on the date of record