GENERAL JOURNAL OPTIONS:

No journal entry required

Accounts payable

Accounts receivable

Accumulated depreciationBuilding

Accumulated depreciationEquipment

Building

Cash

Common dividend payable

Common stock dividend distributable

Common stock, $0.50 par value

Common stock, $1 par value

Common stock, $1 stated value

Common stock, $20 par value

Common stock, $8 stated value

Common stock, no-par value

Cost of goods sold

Depreciation expenseBuilding

Depreciation expenseEquipment

Equipment

Income summary

Interest expense

Interest revenue

Inventory

Land

Note payable

Organization expenses

Paid-in capital in excess of par value, common stock

Paid-in capital in excess of par value, preferred stock

Paid-in capital in excess of stated value, common stock

Paid-in capital, treasury stock

Preferred stock, $100 par value

Preferred stock, $50 par value

Rent expense

Retained earnings

Salaries expense

Sales

Sales discounts

Sales returns and allowances

Supplies

Supplies expense

Treasury stock

QS 13-6 (Algo) Accounting for cash dividends LO P2 Prepare journal entries to record the following transactions for Emerson Corporation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. July 15 Declared a cash dividend payable to common stockholders of $170,000. August 15 Date of record is August 15 for the cash dividend declared on July 15. August 31 Paid the dividend declared on July 15. Journal entry worksheet Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits. Journal entry worksheet Record the entry on the date of record for the cash dividend of $170,000. Note: Enter debits before credits. Journal entry worksheet Record the payment of cash dividend. Note: Enter debits before credits