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This Qui Simone's Foods has outstanding 600 shares of 4% preferred...

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Accounting

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This Qui Simone's Foods has outstanding 600 shares of 4% preferred stock $100 par value and 1800 shares of common stock 3 par value Simone's declares dividends of $14.00 Which of the following is the correctory Date Debit Credit Journal Entry Accounts Retained Earnings Dividends Payable, Preferred Dividends Payable, Common Journal Entry Accounts Dividends Payable, Preferred Dividends Payable, Common 7.400 OB Date Credit Debit 2.400 12.400 Cash 14,800 Oc. Date Debit Credit Journal Entry Accounts Retained wings Dividends Payable, Preferred Dividends Payable, Common 14.000 2.400 12.400 OD Journal Entry Debit Credit Dividends Expense 14.800 Click to select your

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