Question 45 of 47 - View Policies Current Attempt in Progress The board of directors of Metlock, Inc. declared a cash dividend of $2.95 per share on 33000 shares of common stock on July 15, 2020. The dividend is to be paid on August 15, 2020, to stockholders of record on July 31, 2020. The correct entry to be recorded on August 15, 2020, will include a O credit to Cash Dividends O debit to Cash Dividends debit to Dividends Payable credit to Dividends Payable