On January 1, 2019, PT Corporation had the following equity accounts: Share Capital-Ordinary ($50 par value, 100,000 shares issued and outstanding $5,000,000 Share premium-ordinary 400,000 Retained earnings 700,000 During the year, the following transactions occurred: Feb 1: Declared a $ 2 cash dividend per share to shareholders of record on February 15, payable March 1 The correct Journal entry on Feb 1 Shares Dividends. 200,000 Dividends Payable.... 200,000 Cash Dividends 200,000 cash.... 200,000 Cash Dividends 200,000 Dividends Payable........ 200,000