2 Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding The journal entry to record the dividend payment is: 22337 Multiple Choice Debit Common Dividends Payable $4,500; credit Cash $4,500 Debit Common Dividends Payable $4,000; credit Cash $4,000. Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000. Debit Retained Earnings $4,500; credit Common Dividends Payable $4,500. Debit Retained Earnings $10,000; credit Common Dividends Payable $10,000. Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20? 11 0223.09 kipped Multiple Choice Debit Common Stock $2,300; credit Treasury Stock $2,000; credit Paid-In Capital, Treasury Stock $300. Debit Common Stock $20; debit Treasury Stock $2,290; credit Cash $2,300 Debit Common Stock $2,300; credit Cash $2,300 Debit Cash $2,300; credit Treasury Stock $2,300. Debit Cash $2,300; credit Paid-in Capital, Treasury Stock $300, credit Treasury Stock $2,000