JUVCU Prepare journal entries to record the above transactions for Emerson Corporation. (If no entry is re select "No journal entry required in the first account field.) July 15 Declared a cash dividend payable to common stockholders of $165,000. 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. 5 View transaction list Journal entry worksheet