Next question Littleton, Inc., completed the following selected transactions during 2018 (Click the icon to view the transactions.) Requirements 1. Record the transactions in the journal (Record debits first, then credits Exclude explanations from any journal entries. If no journal entry is required, select "No entry required" on t first line of the Accounts column and leave all other cells blank) Jan 6 Declared a cash dividend on the 6,000 shares of $5, no-par preferred stock outstanding Declared a $0.60 per share dividend on the 11,000 shares of common stock outstanding The date of record is January 17, and the payment date is January 201 Start by preparing the necssary entry on the date of declaration-January 6. (Prepare a compound entry) Jan Date 6 Jan 20 Paid the cash dividends Jan Date 20 Journal Entry Accounts Debit Credit Journal Entry Accounts Debit Credit