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Entries for Stock Dividends Zurich Corporation has 17,000 shares of $30 par common stock outstanding. On June 8, Zurich Corporation declared a 3% stock dividend
Entries for Stock Dividends
Zurich Corporation has 17,000 shares of $30 par common stock outstanding. On June 8, Zurich 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 $34 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. If an amount box does not require an entry, leave it blank.
June 8 | fill in the blank 2 | fill in the blank 3 | |
fill in the blank 5 | fill in the blank 6 | ||
fill in the blank 8 | fill in the blank 9 | ||
July 13 | fill in the blank 11 | fill in the blank 12 | |
fill in the blank 14 | fill in the blank 15 | ||
Aug. 12 | fill in the blank 17 | fill in the blank 18 | |
fill in the blank 20 | fill in the blank 21 |
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