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Exercise 10-8 Record cash dividends (L010-5) On March 15, American Eagle declares a quarterly cash dividend of $0.105 per share payable on April 13 to

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Exercise 10-8 Record cash dividends (L010-5) On March 15, American Eagle declares a quarterly cash dividend of $0.105 per share payable on April 13 to all stockholders of record on March 30 Required Record American Eagle's declaration and payment of cash dividends for its 214 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 2 Record the declaration of cash dividends Note: Enter debits before credits. Date General Journal Debit Credit March 15 Record entry Clear entry View general journal

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