Prepare journal entries to record the 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 $178,000. 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 ist Journal entry worksheet 2 3 Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits Date General Journal Debit Credit Jul 15 Prov 3 of 7 100 Next