Home wand.com/co/201009 Wate Queen plate Com QUESTION 1 As of Oct 31, 2019. Landry Company has 20.000 common stock shares issued and outstanding, and retained earnings of $275,000 Landry declares a $3 per share cash dividend on Dec 28, 2019 to be paid on Feb. 15, 2020 to shareholders of record as of Jan 20, 2020 For the journal entry in part a, use the following account abbreviations: CASH cash, DIV dividends RE retained earnings, DIVPAY=dividends payable, CS Common stock Show the journal entry to record the dividend declaration on Dec. 28, 2019 Dr. Cr. Assuming Landry reported net income of $65,000 for the fiscal quarter ended Dec. 31, 2019, what is Landry's balance of retained earnings on December 31 29197 QUESTION 2 At October 31, 2020, Rigg, Inc. has 80.000 common shares issued and outstanding The company's common stock account has a balance of $20,000 and the additional paid-in capital account has a value