Please complete both journals.

E Homework: Week Two Exercises Chapter Question 3, $13-7 (similar to) HW Score: 19%, 1.9 of 10 points 13 Part 1 of 2 Points: 0 of 1 Save Mochs Company anmed net income of $105,000 during the year ended December 31, 2018. On December 15, Mocha declared the annual cash dividend on its 3% preferred stock (par value, $115,000) and a $0.25 per share cash dividend on i's common stock (62,000 shares). Mocha then paid the dividends on January 4, 2019. Read the requirements Requirement . Journalize for Mocha the entry declaring the cash dividends on December 15, 2018. (Record d then credit select the explanation on the last line of the journal entry table.). Date Accounts and Explanation Debie Credit X Requirements 2018 Dec. 15 1. Journalize for Mocha the entry declaring the cash dividends on December 15, 2018. 2. Journalize for Mocha the entry paying the cash dividends on January 4, 2019. Print Done Help me solve this Demodocs example Get more help . Clear all Check answer MacBook Pro