Fowler Co's balance sheet showed the following at December 31, 2018: Conmon stock, $10 par Paid-in capital - excess of par Retained earnings $103,000 51,500 20,600 A cash dividend is declared on December 31, 2018, and is payable on January 20, 2019, to shareholders of record on January 10, 2019. Required: 1. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. 2. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record cash dividend declared on December 31, 2018. View transaction list Journal entry worksheet 1 2 3 Record cash dividend declared on December 31, 2018 Note: Enter debits before credits. Date December 31, 2018 General Journal Debit Credit Record entry No journal entry required Accounts payable Accounts receivable Accumulated depreciation View general journal Required 2 > Journal entry worksheet > 2 3 Record the entry on date of record. Note: Enter debits before No journal entry required Accounts payable Accounts receivable Debit Credit Date January 10, 2019 Accumulated depreciation Record entry Clear entry View general journal Required 2 > Journal entry worksheet 1 2 3 Record payment of cash dividend. Note: Enter debits before Debit Credit Date No journal entry required Accounts payable Accounts receivable Accumulated depreciation January 20, 2019 Record entry Clear entry View general Journal Required Required 2 > Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 1 Record cash dividend declared on December 31, 2018. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 Record entry No journal entry required Accounts payable Accounts receivable Accumulated depreciation View general journal Record payment of cash dividend. Note: Enter debits before credits. General Journal Debit Credit Date January 20, 2019 Record entry No journal entry required Accounts payable Accounts receivable Accumulated depreciation View general journal