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 Declared a cash dividend payable to common stockholders of $161,000. August 15 Date of record is August 15 for the cash dividend declared on July 15. August 1 Paid the dividend declared on July 15. View transaction lit Journal entry worksheet I 1 2 3 Record the declaration of a cash dividend payable to common stockholders Note Enter debits before credits General Journal Debit Credit Date July 15 VIUSCITOUSE Journal entry worksheet