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Entries for Stock Dividends Paris Corporation has 24,000 shares of $90 par common stock outstanding. On June 8, Paris Corporation declared a 3% stock dividend
Entries for Stock Dividends Paris Corporation has 24,000 shares of $90 par common stock outstanding. On June 8, Paris Corporation declared a 3% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $127 per share on June 8.
Journalize the entries required on June 8, July 13, and August 12. If no entry is required, select "No Entry Required" and leave the amount boxes blank.
june 8
July 13
Aug 12
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