Andrea's Foods has outstanding 300 $300 preferred shares and 1,000 common shares Andrea's declares dividends of $14,800 The correct entry is . 900 13.900 Dividends Payablo, Preferred Dividends Payable, Common Cash 14,800 OB 14,800 Dividends Expono Cash 14,800 . 14 800 900 Retained Earnings Dividends Payable, Prelerred Dividends Payable, Common 13,900 OD 14 800 7400 Retained Earnings Dividends Payable, Preferred Dividends Payable, Common 7.400