On March 1, Kase Corp. had 30,000 shares of common stock authorized and 15,000 shares of $3 par common stock issued and outstanding when it declared a S.70 (seventy cents) per share dividend to be paid on March 31 A. The journal entry on March 1 should have a debit to for S +and a credit to for S B. The journal entry on March 31 should have a debit to for S and a credit to for S On March 1, Kase Corp. had 30,000 shares of common stock authorized and 15,000 shares of $3 par common stock issued and outstanding when it declared a S.70 (seventy cents) per share dividend to be paid on March 31 A. The journal entry on March 1 should have a debit to for S +and a credit to for S B. The journal entry on March 31 should have a debit to for S and a credit to for S