Click to watch t he Tell Me More Learning Objective 4 video and then answer the questions below 1. The a. declaration date b. record date c. payment date d. None of these choices are correct. is the date the board of directors formally authorizes the payment of the dividend. 2. A stock dividend the assets, liabilities, or total stockholders' equity of a corporation. a. does not change b. increases c. decreases d. None of these choices are correct. 3. The declaration date journal entry for a cash dividend would include a. a debit to Cash. b. a credit to Cash. c. a credit to Cash Dividends Payable. o entry is needed on this date