Paid a $1500 cash dividend. The journal entry to record the transaction is:

Select one:

a. debit, cash $1500 and credit, share capital $1500.

b. debit, cash $1500 and credit, dividend $1500.

c. debit, share capital $1500 and credit, cash $1500.

d. debit, dividend $1500 and credit, cash $1500.