Pharoah Corporation has 11.00 million shares of common stock and outstanding on line 1, the board of directors voted on 72 cents per share cash dividend to stockholders of record of June 14, payable June 30 Prepare the journal entries for exh of the dates above wming the dividend represents a distribution of earnings. (Credit c at titles are stomatically Indented when entis entered. Do not inden Fatry for the account titles and ter for the amounts) Date Account Tities and Explanation e Textbook and Media List of Accounts require How would the entries differ if the dividend were a liquidating dividend (Credit accountries are automatically indented when amount is entered. De not indent manually. If not O for the amounts: Date Account Titles and Explanation Credit