QS 13-6 Accounting for cash dividends LO P2 July 15 Dec1lared a cash dividend payable to common stockholders of $165,008 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. 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.) View transaction list Journal entry worksheet 1 3 Record the declaration of a cash dividend payable to common stockholders. Note: Enter debits before credits. General Journal Date Debit Credit Jul 15 Record entry Clear entry Vlew general Journal