QS 11-6 Accounting for cash dividends LO P2 Prepare journal entries to record the above 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 $170,000. 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. " Journal entry worksheet > Record the entry on the date of record for the cash dividend of $170,000. Note: Enter debits before credits. Date General Journal Debit Credit Aug 15 Journal entry worksheet 1 2 3 3 > Record the payment of cash dividend. Note: Enter debits before credits. Date Aug 31 General Journal Debit Credit