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Prepare journal entries to record the following transactions for Emerson Corporation. (If no entry is required for a transaction/event, select No journal entry required in

image text in transcribed Prepare journal entries to record the following transactions for Emerson Corporation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) July 15 August 15 August 31 View transaction list Declared a cash dividend payable to common stockholders of $171,000. Date of record is August 15 for the cash dividend declared on July 15. Paid the dividend declared on July 15. Journal entry worksheet 1 3 Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits Date July 15 General Journal Debit Credit >

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