July 15 Declared a cash dividend payable to common stockholders of $177,000. 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 $177,000. Note; Enter debits before credits. July 15 Declared a cash dividend payable to common stockholders of $177,000. 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 Note: Enter debits berore credits