Entries for Stock Dividends

Paris Corporation has $28,000$ shares of $$50$ par common stock outstanding. On August $2,$ Paris Corporation declared a $2\%$ stock dividend to be issued October $8$

to stockholders of record on September $15.$ The market price of the stock was $$72$ per share on August $2.$

Journalize the entries required on August $2,$ September $15,$ and October $8.$ If an amount box does not require an entry, leave it blank. If no entry is required,

select $"$No entry required" and leave the amount boxes blank.

Aug. $2$

Sept. $15$

Oct. $8$