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M iele White Company earned net income of $95.000 during the year ended December 31, 2018 On December 15, Whitetea declared the annual cash dividend

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M iele White Company earned net income of $95.000 during the year ended December 31, 2018 On December 15, Whitetea declared the annual cash dividend on its 65 preferred stock (par value, $110.000) and a $1.00 per share cash dividend on its common stock (62,000 shares). Whitetea then paid the dividends on January 4, 2019. Read the requirements Requirement 1. Journalize for Whitetea the entry declaring the cash dividends on December 15, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit 2018 Dec 15 Requirement 2. Journal for While line of the journal entry table) the entry paying the cash dividends on January 4, 2019. (Record debits first, then credits Select the explanation on the last Date Accounts and Explanation Debit Credit 2019 X Feedback 631 PM 3/19/2020 Choose from any at or enter any number in the input solds and then continue to the next

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