6786 which of the following journal entries should be recorded for August 1 Select one a Debit...

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6786 which of the following journal entries should be recorded for August 1 Select one a Debit Cash Dividends 1250000 Credit Preferred Stock 1250000 b Debit Cash Dividends 1250000 Credit Cash Dividends Payable 1250000 c Debit Cash Dividends Payable 1250000 Credit Cash Dividends 1250000