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Cash Dividends King Tut Corporation issued 7,200 shares of common stock, all of the same class: 4,000 shares are outstanding and 1,200 shares are held

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Cash Dividends King Tut Corporation issued 7,200 shares of common stock, all of the same class: 4,000 shares are outstanding and 1,200 shares are held as treasury stoon December 1, 2019, King Tut's board of directors declares a cash dividend of $1.75 per share payable on December 15, 2019, to stockholders of record on December 10, 2019 Required: Prepare the appropriate Joumal entries for the () date or declaration, (b) date of record, and (c) date of payment. If no antry required, choose "No try cepures and leave the amount boxes blank (a) Torrent Dividends Payable (6) No entry required No entry required 1. I (c) Dividends Payable Cash

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