Question Help 8. On January 1, Tallow Corporation declared a $2.00 per share cash dividend on its common stock (22,000 shares) for stockholders on record as of January 15. Tallow paid the dividend on January 31. Journalize the entries declaring the cash dividend and paying the dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Journalize the entry declaring the cash dividend. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question 8. On January 1, Tallow Corporation declared a $2.00 per share cash dividend on its common stock (22,000 shares) for stockholder debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the entry declaring the cash dividend. Date Accounts and Explanation Debit Credit Jan. 1 Journalize the entry paying the dividend. Date Accounts and Explanation Debit Credit Jan. 31