Robinhood 284 Discord (1) YouTube Home/Twitter TweetDeck Crunchyroll - Watch... 20 i Saved Help Save & Exit Subir Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 41,000 shares authorized, 21,600 shares Issued, and 16,400 shares of common stock outstanding. The journal entry to record the dividend declaration is: Multiple Choice Debit Common Dividends Payable $10.800; credit Cash $10,800. Debit Common Dividends Payable $8,200; credit Cash $8.200 Debit Retained Earnings $8.200 credit Common Dividends Payscia $8.200 N Debit Retained Earnings S 0.300 credit Common Divgenes Payable $10,800