Completion Status Mario Corporation declares a dividend on December 1, 2019 of $50,000 to sharefers dun Dember dividend is to be paid on December 22, 2015 What is the journal entry that Marto shed recent on December 15, record date? Debit Retained Earnings $50,000; Credit Cash $30,000 2010 The 19 Debit Cash Dividends $50,000; Credit Dividend Payable $50,000 There is no entry required on the record date O Debit Omdends Payable $50,000; Credit Cash $50,000 QUESTION 35 Wario Corporation issues 1,000 shares of $2 par value common stock for $50,000. What entry shall Warto record to reflect thes transaction in its general ledger? O Debit Cash $50,000: Credit Common Stock $20,000; Credit Paid in Capital in Excess of Par-$30,000 Debit Cash $50,000; Credit Common Stock $50,000 O Debit-Cash $50,000; Credit-Common Stock $2,000; Credit-Paid in Capital in Excess of Par-$48,000 O Debit-Cash $50,000; Credit-Common Stock $25,000; Credit Paid in Capital in Excess of Par - $25,000 3 points 11