On April 1. 2020 Sunshine Foods Co. declared dividends totaling 518,000 to be paid on June 1, 2020 to all shareholders on record as of May 1, 2020, Which of the following is the correct journal entry that Sunshine Foods Co. should record on the date of record (May 1, 202017 O a DR Dividends Payable $18,000 CR Cash $18,000 O b. DR Retained Earnings $18.000 CR Dividends Payable $18.000 OC. DR Dividends Expense 518,000 CR Dividends Payable $18.000 d. No journal entry is required on the date of record Question 15 of A Moving to another question will save this response o RE Op SS 02 00 6 96 5 4 3 1 U o P R. Y T E K. H G D F Die B M Z