PF13-49B (book/static) Halborn Manufacturing Co. completed the following transactions during 2024: (Click the icon to view the transactions.) Read the requirements. Question Help * Requirement 1. Record the transactions in Halbom's general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining cells blank.) Jan. 16: Declared a cash dividend on the 6%, $97 par noncumulative preferred stock (1,150 shares outstanding). Declared a $0.20 per share dividend on the 80,000 shares of $8 par value common stock outstanding. The date of record is January 31, and the payment date is February 15. Date Accounts and Explanation Jan. 16 Cash Dividends Dividends Payable-Preferred Dividends Payable Common Declared a cash dividend. Debit Credit 22,693 6,693 16,000 Choose from any list or enter any number in the input fields and then click Check Answer.