On June 10Jackson Corporation declared a $3 25 dividend per share to shareholders on record as of June 15th to be paid on June 30th There were 10,000 shares outstanding Which of the following entries is required on June 1612 DEBIT Cash Dividends, CREDIT Cash Dividends Payable No Entry Required DEBIT Cash Dividends: CREDIT Cash DEBIT Cash Dividends Payable CREDIT Cash Dividends DEBIT Cash Dividends Payable: CREDIT Cash