Java Company camed net income of $85,000 during the year ended December 31, 2018 On December 15, Java declared the common stock (50,000 shares) Java en paid the dividends on January 4, 2019 Read the requirements cash dividend on its 4% preferred stock (par value $120,000) and a 10 25 per share cash dividend on its Requirement 1. Journalize for Jove the entry declaring the cash dividends on December 15, 2018 Record debt first, the credits Select the explanation on the last line of the journal onary table) Accounts and Explanation Debit Credit 2018 Dec 15 Requirement 2. Joumalize for Java the entry paying the cash dividends on January 4, 2018. ( Record first the credits Select the explanation on the listine of the journal entry table) Accounts and Explanation Debit Choose from any list or enter any number in the input fields and then continue to the next