The Company Paid $100 Cash in Dividends to J $$\begin{array} { | l | r | r | } \hline \text { Dividends } & 100 & \\\hline \text { Cash } & & 100 \\\hline\end{array}$$

The company paid $100 cash in dividends to J. Smith, the owner. Which of the following general journal entries will Jay's Limo Services, Inc. make to record this transaction?

A) $$\begin{array} { | l | r | r | } \hline \text { Dividends } & 100 & \\\hline \text { Cash } & & 100 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 100 & \\\hline \text { Dividends } & & 100 \\\hline \hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Common Stock } & 100 & \\\hline \text { Dividends } & & 100 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Dividends } & 100 & \\\hline \text { Common Stock } & & 100 \\\hline\end{array}$$
E) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 100 & \\\hline \text { Common Stock } & & 100 \\\hline\end{array}$$