Check 3 Prepare Journal entries to record the above transactions for Emerson Corporation. (If no entry is requlred for a transaction/event, select "No Journal entry required" In the first account fleld.) 5 points July 15 Declared a cash dividend payable to common stockholders of $162,000. Aug. 15 Date of record is August 15 for the cash dividend declared on July 15. Aug. 31 Paid the dividend declared on July 15. Skipped View transaction list eBook Journal entry worksheet