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Entries for stock dividends Vienna Corporation has 17,000 shares of $40 par common stock outstanding. On August 2, Vienna Corporation declared a 2% stock dividend

Entries for stock dividends

Vienna Corporation has 17,000 shares of $40 par common stock outstanding. On August 2, Vienna 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 $48 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.

Date Account Debit Credit
Aug. 2

CashCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsStock Dividends

Stock Dividends Stock Dividends

Cash DividendsCommon StockNo Entry RequiredStock Dividends DistributableStock DividendsStock Dividends Distributable

Stock Dividends Distributable Stock Dividends Distributable

Cash Dividends PayableCommon StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock DividendsPaid-In Capital in Excess of Par-Common Stock

Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Common Stock
Sept. 15

Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock Dividends DistributableStock DividendsNo Entry Required

No Entry Required No Entry Required

Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock Dividends DistributableStock DividendsNo Entry Required

No Entry Required No Entry Required
Oct. 8

Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock Dividends DistributableStock DividendsStock Dividends Distributable

Stock Dividends Distributable Stock Dividends Distributable

Common StockNo Entry RequiredPaid-In Capital in Excess of Par-Common StockStock Dividends DistributableStock DividendsCommon Stock

Common Stock Common Stock

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