July 15 Declared a cash dividend payable to common stockholders of $168,e00. Aug. 31 Paid the dividend declared on July 15. Prepare journal entries to record the above transactions for Emerson Corporation. (If no entry is required for a transaction/event, 15 Date of record is August 15 for the cash dividend declared on July 15. select "No journal entry required" in the first account field.) Journal entry worksheet 2 2 3 Record the declaration of a cash dividend payable to common stockholders. Jul 15