Question 18 4 pts Lin has 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15. The proper journal entry for Linville on May 15 does not include: A. a credit to Dividends Payable for $30,000. B. a debit to Dividends for $30,000. O D. Both A and B OC. a credit to Cash for $30,000 Question 19 4 pts Stringer Corporation issued 5.000 shares of $2 par value common stock. The issue price was $7.50 per share. The entry to record this transaction includes a: None of these credit to Gain on Stock $37.500. debit to Common Stock for $10,000 debit to Paid-in Capital in Excess of Par for $27.500