Tonis food has outstanding 300 shares of 6% preferred stock

Tonils Foods has outstanding 300 shares of 6% preferred stock 5100 par value and 1.700 shares of common stock, 530 par value Tonis declares dividends of $16.200 Which of the following is the correct entry? . Date Dote Croda Journal Entry Account Dividends Payable. Pred Dividends Payable. Common Cash 1000 1600 18.200 Jon Entry Accounts Doble Crede 18.200 Retained Earnings Dividends Payable. Preferred Dividends Payable Common 9,100 9.100 Crode Journal Entry Accounts Retained in Dins Payable. Pred Didents Payable Common Debit 13200 16400 Dividends Expense