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QS 11-6(Algo) Accounting for cash dividends LO P2 Prepare journal entries to record the...

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Accounting

QS 11-6(Algo) Accounting for cash dividends LO P2
Prepare journal entries to record the following transactions for Emerson Corporation.
Note: 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 $179,000.
August 15 Date of record is August 15 for the cash dividend d&clared on July 15.
August 31 Paid the dividend declared on July 15.
Journal entry worksheet
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Record the declaration of a cash dividend payable to common stockholders.
Note: Enter debits before credits.
\table[[Date,,Debit,Credit],[July 15,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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