Question: The declaration, record, and payment dates in connection with a cash dividend of $ 4 8 0 , 0 0 0 on a corporation's common

The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation's common stock are February 1, March 18, and September, 15.
On Septemberm 15, the date of payment, the journal entry to record the cash dividend would include a ___________.
A. a credit to Common Stock
B. debit to Retained Earnings
C. credit to Cash
D. credit to Cash Dividends Payable

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