Concord Corporation has 8,800 shares of connon stock outstanding it declares a 53er horecash dividend en comber 1 to stockholders of record on December 1. The dividend is paid on December 31 Prepare the entries on the appropriate cates to record the declaration and payment of the cash dividend. (Cedit account tesore automatically indented when mounted. Do not indent morally Record journal entries in the order presented in the problem. In entry is required, select "No Entry for the accountries and enter for the amounts Date Account Titles and Explanation Debit Credit