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Your answer is partially correct. Try again. Ayayai Corp. has 9,300 shares of common steck outstanding. It declares a $2 per share cash dividend on

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Your answer is partially correct. Try again. Ayayai Corp. has 9,300 shares of common steck outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of recerd on December 1. The dividend is paid on December 31 Prepare a tabular summary to record the deciaration and payment of the cash dividend. (If a transaction causes a decrease in Assets, Labilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabilities Stockholders' Equity Assets Retained Earnings Paid-in-Capital Dividend Payable Revenue Expense Dividend Cash 9,300 9,300 9,300 Nov. 1 9,300 9,300 18,600 Dec. 31

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