On June 1st, Jackson Corporation declared a $325 dividend per share to common shareholders on record as of June 15th, to be paid on June 30th. There were 10,000 shares outstanding. Which of the folowing entries is required on June 15th? ODEBIT Cash Dividends Payable, CREDIT Cash O DEBIT Cash Dividends Payable CREDIT Common Stock DEBIT Cash CREDIT Cash Dividends No ently required DEBIT Cash Dividends CREDIT Cash Dividends Payable