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The board of directors of Blossom Supply Company declared a cash dividend of $1.50 per share on 30000 shares of common stock on July 15,

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The board of directors of Blossom Supply Company declared a cash dividend of $1.50 per share on 30000 shares of common stock on July 15, 2025. The dividend is to be paid on August 15, 2025 to stockholders of record on July 31, 2025. The journal entry to be recorded on August 15,2025 will include a credit to Dividends Payable. debit to Dividends Payable. credit to Cash Dividends. debit to Cash Dividends

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