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What is the answer to this question? Prepare journal entries to record the following transactions for Emerson Corporation. July 15 Declared a cash dividend payable

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Prepare journal entries to record the following transactions for Emerson Corporation. July 15 Declared a cash dividend payable to common stockholders of $165,000. 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

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