At the End of the Year a Company Declared a Final

Multiple Choice

At the end of the year a company declared a final cash dividend out of its retained earnings. Which of the following is the journal entry to record the declaration?

A) Dr Cash; Cr Final dividend payable
B) Dr Final dividend payable; Cr Cash
C) Dr Share capital; Cr Final dividend payable
D) Dr Retained earnings; Cr Final dividend payable