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Gienmore Corporation eatned net income of $100,000 during the year ended December 31,2021 . On December 15 , Glenmore declared the annual cash dividend cen

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Gienmore Corporation eatned net income of $100,000 during the year ended December 31,2021 . On December 15 , Glenmore declared the annual cash dividend cen its 9 preferted stock (10, 500 2022. fead the - cequrements a. Joumalue for Glonmore Corporation the declaration for the cash dividends on December 15, 2021. (Recond debits fint, then credit Exesude explanations from any joumal entries. Upe unly a ingle account to record the dividende? Requirements Journalize the following for Glenmore: a. Declaring the cash dividends on December 15, 2021 b. Paying the cash dividends on January 4, 2022 Did retained earnings increase or decrease during 2021? By how much? Gienmore Corporation eatned net income of $100,000 during the year ended December 31,2021 . On December 15 , Glenmore declared the annual cash dividend cen its 9 preferted stock (10, 500 2022. fead the - cequrements a. Joumalue for Glonmore Corporation the declaration for the cash dividends on December 15, 2021. (Recond debits fint, then credit Exesude explanations from any joumal entries. Upe unly a ingle account to record the dividende? Requirements Journalize the following for Glenmore: a. Declaring the cash dividends on December 15, 2021 b. Paying the cash dividends on January 4, 2022 Did retained earnings increase or decrease during 2021? By how much

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