On March 1, the board of directors declared a cash dividend of $0.80 per common share to shareholders of record on March 10 , payable March 31. There were 19,000 shares issued and outstanding on March 1 and no additional shares had been issued during the month. Record the entries for March 1. 10, and 31. The cash d vidends account is used. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) Journal entry worksheet Record the deciaration of cash dividend on common shares of $0.80 per share. Notel Enter debits before crecits On March 1, the board of directors declared a cash dividend of $0.80 per common share to shareholders of record on March 10 . payable March 31. There were 119,000 shares issued and outstanding on March 1 and no additional shares had been issued during the month. Record the entries for March 1, 10, and 31. The cash dividends account is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the declaration of cash dividend of $0.80 per share to share holders on record. Notef Enter debits before credits: On March 1, the board of directors declared a cash dividend of $0.80 per common share to shareholders of racord on March 10 . payable March 31. There were 119,000 shares issued and outstanding on March 1 and no additional shares had been issued during the month. Record the entries for March 1, 10, and 31. The cash dividends account is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the payment of dividends declared on March 1. Notes: Enter debits before credits