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The Board of Directors declared a P30,000 dividend to its stockholders to be paid on February 15, 1998. Accounts Payable +30,000 Dividends +30,000 Common Stock

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The Board of Directors declared a P30,000 dividend to its stockholders to be paid on February 15, 1998. Accounts Payable +30,000 Dividends +30,000 Common Stock +30,000 Dividends +30,000 O Dividends/P+30,000 Dividends +30,000 O Cash -30,000 Dividends +30,000 O None of the choices

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