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7 On March 15, American Eagle declares a quarterly cash dividend of $0.085 per share payable on April 13 to all stockholders of record on

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On March 15, American Eagle declares a quarterly cash dividend of $0.085 per share payable on April 13 to all stockholders of record on March 30 Required Record American Eagle's declaration and payment of cash dividends for its 218 million shares. (If no entry is required for a transactionlevent, select entered as 5,500,000).) View transaction list Journal entry worksheet 2 3 Record the declaration of cash dividends. Note: Enter debits before credits. Date General Journal Debit Credit March 15 Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 Record the entry on the date of record. Note: Enter debits before credits. Date General Journal Debit Credit March 30 Record entry Clear entry View general journal View transaction list Journal entry worksheet 3 Record the payment of cash dividends. Note: Enter debits before credits. Date General Journal Credit April 13 Record entry Clear entry View general journal

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