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JUST NEED ANSWER AND WILL GIVE THUMBS UP The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1

JUST NEED ANSWER AND WILL GIVE THUMBS UP

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The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 20,000 shares issued, and 5,000 shares held as treasury stock. What is the entry when the dividends are declared? 9,000 9,000 9,000 9,000 A. Dividends Dividends Payable B. Dividends Cash c Dividends Dividends Payable D. Dividends Cash 12,000 12,000 12,000 12,000 Multiple Choice Option A Option B d Optionc Option D

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