Debit Common Dividends Payable $133,000; credit Cash $133,000. O Debit Common Dividends Payable $127,400; credit Cash $127,400. Debit Retained Earnings $127,400; credit Common Dividends Payable $127,400. Debit Retained Earnings $140,000; credit Common Dividends Payable $140,000. Debit Retained Earnings $133,000; credit Common Dividends Payable $133,000. Fetzer Company declared a $0.35 per share cash dividend. The company has 400,000 shares authorized, 380,000 shares issued, and 16,000 shares in treasury stock. The journal entry to record the payment of the dividend is: Miltinte Chaire