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On February 16. a company declares a 68-t to be paid on April 5. There are 950,000 shares of common stock issued and outstanding the

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On February 16. a company declares a 68-t to be paid on April 5. There are 950,000 shares of common stock issued and outstanding the entry recorded by the company on April 5 includes a debit to: A debit to Dividends Payable and a credit to Cash for $680.000. A debit to Dividends and a credit to Dividends Payable for $646.000. A debit to Dividends Payable and a credit to Cash for $646.000. A debit to Dividends and a credit to Dividends Payable for $680.000

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