July 15 Declared a cash dividend payable to common stockholders of $176,000. Aug. 15 Date of record is August 15 for the cash dividend declared on July 15. 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, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits. Date General Journal Debit Credit Jul 15 Journal entry worksheet Record the date of record for the cash dividend. Note: Enter debits before credits. Date General Journal Debit Credit Aug 15 Record entry Clear entry View general journal Journal entry worksheet Record the payment of cash dividend. Note: Enter debits before credits. Date General Journal Debit Credit Aug 31 Record entry Clear entry View general journal