Sefcik Company's balance sheet showed the following on December 31, 2024: A cash dividend is declared on December 31, 2024, and is payable on January 20,2025 , to shareholders of record on January 10 , 2025. Required: 1. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. 2. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. Complete this question by entering your answers in the tabs below. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record cash dividend declared on December 31, 2024. Note: Enter debits before credits. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record payment of cash dividend. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record cash dividend declared on December 31, 2024. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Complete this question by entering your answers in the tabs below. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note Enter debits before credits