Exercise 10-8A Record cash dividends (LO10-5) On March 15, American Eagle declares a quarterly cash dividend of $0.050 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 225 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 2 3 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 View transaction list Journal entry worksheet