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On March 15, American Eagle declares a quarterly cash dividend of $0.040 per share payable on April 13 to all stockholders of record on March

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On March 15, American Eagle declares a quarterly cash dividend of $0.040 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 227 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet Record the declaration of cash dividends. Note: Enter debits before credits. Date General Journal Debit Credit March 15 Record entry Clear entry View general journal

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