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 \$162, GBO. August 15 Date of record is August 15 for the eash dividend declared on July 15. August 31 Paid the dividend declared on July 15. Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits. Record the entry on the date of record for the cash dividend of $162,000. Note: Enter debits before credits. Record the payment of cash dividend. Note: Enter debits before credits