Accrual Accounting and the Four Financial Statements. I'm confused with number 9 (Paid $7700 of cash dividends). That entry would debit cash but where would the dividend be written? Interest expense? Is my worksheet correct? I apologise for the poor quality and any critisim is welcomed! Thank you!!

Transactions: Acquired cash of $114,000 from the issue ofcommon stock. 2 Borrowed $166,000 cash from the bank on February 1, 2016. 3. Paid $135,000 cash to purchase fixed assets - land that cost $50,000 and a building that cost $85,000. ( / 4. Earned and recognized consulting revenue on account for $235,800 Collected $198,350 on the accounts receivable during the year 6 Incurred $135,000 of consulting expenses on account during the year 2 Paid $95,100 on the accounts payable during the year &) Paid $72,500 cash for other operating expenses during the year 9. Paid the company owners $7,700 of dividends. _ 10 Received $28,500 cash for services to be performed in the future