The types of dividends are: Select one: a. Cash b. Cash, Value in Kind, Stock C. Cash & Stock Dividends are paid to a stockholder who: Select one: a. owns the stock on the day of payment. b. originally purchased the stock and passed thru to current owner. c. owns the stock on the date of record. The journal entries for the following cash dividend transaction are: (Declaration date (2/1); Date of Record (3/1); Payment Date (5/1);Amount omitted) Select one: a. 2/1 (Debit Cash Dividends: Credit Cash Dividends Payable) 3/1 (Debit Cash Dividends Payable Credit Cash) X b. 3/1 (Debit Cash Dividends; Credit Cash Dividends Payable) 5/1 (Debit Cash Dividends Payable; Credit Cash) c. 2/1 (Debit Cash Dividends; Credit Cash Dividends Payable) 5/1 (Debit Cash Dividends Payable; Credit Cash) On the date of stock distribution the journal entries are: Select one: a. Debit Common Stock Expense; Credit Common Stock b. Debit Common Stock; Credit Stock Dividends Payable c. Debit Stock Dividends Payable; Credit Common Stock