Prepare journal entries to record the following transactions for Emerson Corporation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. July 15 August 15 Declared a cash dividend payable to common stockholders of $170,000. Date of record is August 15 for the cash dividend declared on July 15. August 31 Paid the dividend declared on July 15. View transaction list Journal entry worksheet 1 2 3 Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits. Date July 15 General Journal Debit Credit View general journal Record entry Clear entry