b. Prepare general journal entries to record the declaration and payment of the cash dividends. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 On June 10, Weaver Corporation declared the annual cash dividend on its 8,500 shares of preferred stock and a $4 per share dividend for the common Shareholders Note: Extabase View transaction list Journal entry worksheet 1 3 4 The shareholders on record on June 20 will receive a dividend payment to be paid July 1. Note: Enter debits before credits. General Journal Debit Credit Date June 20 Record entry Clear entry View general Journal View transaction list Journal entry worksheet