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Please record thee journal entries with the account names for debits and credits and the $ amount. OPC declares a $0.50 cash dividend on each

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedPlease record thee journal entries with the account names for debits and credits and the $ amount.

OPC declares a $0.50 cash dividend on each share of common stock on 1/04, to be paid on 1/10. Record the transaction. Note: Enter debits before credits. A $990 customer account is written off as uncollectible on 1/05. Record the transaction. Note: Enter debits before credits. On 1/06, recorded sales of 175 units of inventory on account. Sales tax is charged but not yet collected or remitted to the state. Record the sale transaction. Note: Enter debits before credits. On 1/06, recorded sales of 175 units of inventory on account. Sales tax is charged but not yet collected or remitted to the state. Record the cost of goods sold. Note: Enter debits before credits

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