Select all that apply\ The board of directors of Anchor, Inc. authorizes a

$0.50

cash dividend to its 100,000 shares of common stock issued and outstanding. On the date of payment, a journal entry will include which of the following accounts?\ Debit to Cash\ Credit to Cash\ Credit to Common Dividend Payable\ Credit to Retained Earnings\ Debit to Common Dividend Payable\ Debit to Retained Earnings

The board of directors of Anchor, Inc. authorizes a $0.50 cash dividend to its 100,000 shares of common stock issued and outstanding. On the date of payment, a journal entry will include which of the following accounts? Debit to Cash Credit to Cash Credit to Common Dividend Payable Credit to Retained Earnings Debit to Common Dividend Payable Debit to Retained Earnings