Entries for cash dividends

The declaration, record, and payment dates in connection with a cash dividend of $$425,000$ on a corporation's common stock are October $1,$ November $7,$ and December $15.$

Journalize the entries required on each date. If no entry is required, choose $"$No Entry Required" and leave the amount boxes blank.

Oct. $1$

Nov. $7$

Dec. $15$

Cash Dividends Payable

Cash Dividends

Cash

Common Stock

No Entry Required