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Question H Company eamed net income of $100,000 during the year ended December 31, 2024. On December 15, Blacktea declared the annual cash dividend

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Question H Company eamed net income of $100,000 during the year ended December 31, 2024. On December 15, Blacktea declared the annual cash dividend on to 2% prefered stock par value $105.000) and a $75 per share cash divend ommon stock (42,000 shares). Blacktea then paid the dividends on January 4, 2025 me requirements rement 1. Journalize for Blacktea the entry declaring the cash dividends on December 15, 2024. (Record debits first, then credits. Select the explanation on the last time of the joumalaya) " 15 Accounts and Explanation Debit Choose from any list or enter any number in the input fields and then click Check Answ part remaining 2 Q W 0 $ 4 3 4 E R Credit Clear Al Search or type URL 9 A 85

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