Char Corporation had outstanding 300,000 shares of $5 par-value common stock on August 13, 20X1. On that date, it declared a 5 percent common stock dividend distributable on September 15 to stockholders of record on September 1. The estimated fair value of the shares at the time of the declaration was $20 per share. Required: Give any general journal entries necessary on August 13, September 1, and September 15, 20X1 (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 2 3 Record the entry on August 13. Note: Enter debits before credits. Date Aug. 13, 20X1 General Journal Debit Credit >