QS 11-6 (Algo) Accounting for cash dividends LO P2 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 5163,000. August 15 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 General Journal Debit Date July 15 Credit Record entry Clear entry View general journal QS 11-8 (Algo) Reporting a small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $25 (prior to the dividend). Common stock-ss par value, 455,000 shares authorized, 240,000 shares issued and outstanding $ 1,200,000 Pald-in capital in excess of par value, common stock 570,000 Retained earnings 373,000 Total stockholders' equity $ 2,643,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Total paid-in capital Total stockholders' equity