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 $172,000. 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. View transaction list :X 1 > Record the declaration of a cash dividend payable to common stockholders. Iders. 2 Record the entry on the date of record for the cash dividend of $172,000. 3 Record the payment of cash dividend. Credit Note: = journal entry has been entered Record entry Clear entry View general journal