On January 1,20x6, Susie's Plumbers, Inc. declared a $1.00 per share dividend payable on February 1, to holders of record on january 15 . Before the dividend was declared, the company had 100,000 shares of $10 par value stock outstanding. On the date of declaration, the journal entry to record the dividend would include credit to retained earnings of $10,000. debit to retained earnings of $100,000. There would be no journal entry on this date. debit to dividends paryable of $100,000. None of the above