On September 30, ASDA Corporation declared and paid $ 2,000 cash dividends to the shareholders. The journal entry to record this transaction will be: Multiple Choice Debit Dividends, $2,000; credit Cash, $2,000 Debit Cash, $2,000; credit Dividends, $2,000 Debit Dividends, $2,000; credit Share Capital, $2,000 No entry