The journal entry made on the date of declaration of a cash dividend to common stockholders includes
a. a debit to Cash Dividends and a credit to Common Dividends Payable.
b. a debit to Cash Dividends and a credit to Cash.
c. a debit to Common Dividends Payable and a credit to Cash Dividends.
d. a debit to Cash and a credit to Common Dividends Payable.
a
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