The declaration, record, and payment dates in connection with a cash dividend of $710,000 on a corporation’s common stock are June 15, August 10, and September 15. Journalize the entries required on...

The declaration, record, and payment dates in connection with a cash dividend of $710,000 on a corporation’s common stock are June 15, August 10, and September 15. Journalize the entries required on each date.

The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation’s common stock are February 1, March 18, and May 1. Journalize the entries required on each date.