Question: Question 3 [12 points] Prepare journal entries to record the following transactions for Oppong Corporation a) March 10 Declared a $140,000 cash dividend payable to

Question 3 [12 points] Prepare journal entries to record the following transactions for Oppong Corporation a) March 10 Declared a $140,000 cash dividend payable to common shareholders. b) October 3: Paid the cash dividend to common shareholders. c) December 31. Closed the Cash Dividends account Enter the transaction letter as the explanation, and dates in the format dd/mmm (ie 15/Jan) General Journal Account/Explanation Page GJE F Debit Credit Date + - + 1

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