Question 3 Which statement is true for journalising the declarat A. Retained earnings is debited and Common Share B. Retained earnings is credited and Common Shar C. Common Share Dividend Payable is credited and D. All statements are true a b Common Share Dividend Payable is credited and Cash is debited Retained earnings is debited and Common Share Dividend Payable is credited All statements are true Retained earnings is credited and Common Share Dividend Payable is credited Question 4 Which statement is true for journalising the payment A. Retained earnings is debited and Common Share B. Retained earnings is credited and Common Shan C. Cash is credited and Common Share Dividend Pa D. All statements are true a b Retained earnings is debited and Common Share Dividend Payable is credited Retained earnings is credited and Common Share Dividend Payable is debited Cash is credited and Common Share Dividend Payable is debited All statements are true d