Bogscraft Company has outstanding 62,500 shares of $10 par value common stock and 25,500 shares of $20 par value preferred stock (8 percent). On February 1, the board of directors voted in favor of an 8 percent cash dividend on the preferred stock. The cash dividends were paid on March 15. The company closed its books at its fiscal year-end, June 30. Required: Prepare journal entries to record the events on (a) February 1, (b) March 15, and (c) June 30. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list View journal entry worksheet No Date General Journal 1 February 01 Dividends Dividends Payable 2 March 15 Dividends Payable Cash 3 June 30 1 Retained Earnings Dividends Debit Credit