Which best describes what Bonnie will need to do to journalize the cash
dividends paid out by her employer on the declaration date?
OA. A debit to cash dividends and a credit to dividends payable are
made.
OB. A credit to cash dividends and a credit to dividends payable are
made.
OC. A credit to cash dividends and a credit to dividends payable are
made.
OD. A credit to cash dividends and a debit to dividends payable are
made.