TOR RENTER VERS?O..EA Question 1 Sheffield Corp, has 8,600 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paild oa Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Credit account titles are automatically in the problem. Il no the 0 for the amounts.) Credit