At September 30, the end of Beijing Companys third quarter, the following stockholders equity accounts are reported. Common stock, $12 par value $ 420,000 Paid-in capital in excess of par value, common stock 90,000 Retained earnings 380,000 In the fourth quarter, the following entries related to its equity are recorded. Date General Journal Debit Credit October 2 Retained Earnings 40,000 Common Dividend Payable 40,000 October 25 Common Dividend Payable 40,000 Cash 40,000 October 31 Retained earnings