Ayayai Corp. has 9,300 shares of common stock outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare a tabular summary to record the declaration and payment of the cash dividend. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

		Assets	=	Liabilities	+	Stockholders Equity
						Paid-in-Capital		Retained Earnings
		Cash	=	Dividend Payable	+		+	Revenue	-	Expense	-	Dividend
Nov. 1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		select an option Paid-in capital in excess of common stockPreferred stockDividendsPaid-in capital in excess of preferred stockCommon stockInterest expense
Dec. 31		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an option Paid-in capital in excess of common stockDividendsCommon stockPaid-in capital in excess of preferred stockPreferred stockInterest expense