M11-8 (Algo) Recording Dividends LO11-4 On April 15 of this year, the board of directors for Jedi Company declared a cash dividend of 50 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14 . The company has 110,000 shares of stock Outstanding. Prepare any necessary journal entries for each date. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the appropriate journal entry on April 15 related to the cash dividend. Note: Enter debits before credits. Journal entry worksheet Record the appropriate journal entry on May 20 related to the cash dividend. Note: Enter debits before credits. Journal entry worksheet Record the appropriate journal entry on June 14 related to the cash dividend. Note: Enter debits before credits