8. On January 1, Wismer Corporation declared a $1.50 per share cash dividend on its...

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8. On January 1, Wismer Corporation declared a $1.50 per share cash dividend on its common stock (30,000 shares) for stockholders f the journal entry table.) record as of January 15. Wismer paid the dividend January 31. Joumalize the entries declaring the cash dividend and paving the dividend, (Record debits first, then credits. Select the explanation on the last line Journalize the entry declaring the cash dividend. Date Accounts and Explanation Debit Credit Jan. 1 Journalize the entry paying the dividend. Accounts and Explanation Date Debit Credit Jan. 31

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