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As of January 2020. YAN Inc. have 70.000 shares outstanding on July 1, the company issued an additional 5.000 shares on December 1. rate $1.40

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As of January 2020. YAN Inc. have 70.000 shares outstanding on July 1, the company issued an additional 5.000 shares on December 1. rate $1.40 per share. The dividend is payable on December 31 to shareholders of record on December 15. The journal entry to be made on December A Dr. Cash Dividends 150.000 Cr. Dividends Payable 150.000 B. Dr. Cash Dividends 105.000 / Cr. Dividends Payable 105.000 C Dr. Dividends Payable 98,000/ Cr. Cash 98.000 D. Dr. Cash Dividends 98.000 / Cr. Dividends Payable 98.000 E Dr. Dividends Payable 105.000 / Cr Cash 105.000

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