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Entries for Stock Dividends Paris Corporation has 40,000 shares of sao par common stock outstanding. On August 2, Paris Corporation declared a 5% stock dividend
Entries for Stock Dividends Paris Corporation has 40,000 shares of sao par common stock outstanding. On August 2, Paris Corporation declared a 5% stock dividend to be issued October 18 to stockholders of record on September 15. The market price of the stock was $112 per share on August 2 Journalize the entries required on August 2, September 15, and October 8.1 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 Common Stock No Entry Required Paid-in Capital in Excess of Par-Common Stock Stock Dividends Distributable Stock Dividends Entries for Treasury Stock On May 27, Let Loose Inc. reacquired 78,000 shares of its common stock at $8 per share. On August 3, Let Loose sold 50,000 of the reacquired shares at $11 per share. On November 14, Let Loose sold the remaining shares at $6 per share. Journalize the transactions of My 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14 Common Stock Preferred Stock Sales Stock Dividends Distributable Treasury Stock
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