Question 14 Sheffield Corporation has 84,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend Question 14 Sheffield Corporation has 84,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries tities are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Date Account Titles and Explanation Debit Credit v