Save QUESTION 30 Sunshine Corp. was organized on Jan. 1 with authorization of 20.000 shares of prefered stock $100 pm and 200.000 shares of 25 per common stock. December 30 the date of payment for the dividend that was declared on December 1. Indicator on Dec. 9 hould be recorded in the tertion column of the Journal item as the account to be credited and the amount to pay the annual dividend on the preferred stock. The payment is for the annual dividend on the 10,000 shares of the prestocking DATE DESCRIPTION PREY DEBT CREDIT Dec. 30 123 Casheeded for the amount of $50.000 Cash ended for the amount of $200,000 Cash Dividend Payable credited for $2,000,000 Cash Dividend Payable credited for $50.000 0.2 sve new QUESTIONS A corporation has issued 100.000 shares of $10 per common wock and has 10,000 of the shares stresurystok it the corporation declares a speech dvided what amount will be recorded as haviends? $100.000 $90.000 $10.000 $90