Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $31,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Feb. 1 Mar. 18 May 1