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3. Bonneau Corporation has 100,000 shares of ( $ 10 ) par common stock outstanding. On July 31 , the Board of Directors declared a
3. Bonneau Corporation has 100,000 shares of \\( \\$ 10 \\) par common stock outstanding. On July 31 , the Board of Directors declared a 5\\% stock dividend to be issued on Aug 31 to stockholders of record August 15 . The market price of the stock was \\( \\$ 35 \\) a share on July 31 . Journalize the entries required on July 31 , Aug 15, and Aug 31
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