QUESTION 6 Which date related to dividends would not result in a transaction to ALOE? Date of declaration Date of record Date of payment QUESTION 7 Kayla Inc. issues 20,000 shares of $1 par value common stock at $10 per share. When the transaction is recorded, credits are made to: Common Stock $200,000 Common Stock $20,000 and paid-in capital in excess of par value $180,000. Common Stock $180,000 and paid-in capital in excess of par value $20,000. Common Stock $20,000 and retained earnings 180,000