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Paris Corporation has 34,000 shares of $70 par common stock outstanding. On June 8 , Paris Corporation deciared a 2% stock dividend to be issued

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Paris Corporation has 34,000 shares of $70 par common stock outstanding. On June 8 , Paris Corporation deciared a 2% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $100 per share on June 8 . Journalize the entries required on June 8, , 3 ly 13 , and August 12. If no entry is required, select "No Entry Required" and leave the amount boxes biank. If an amount bo does not require an entry, leave it blank. 3 retidtritur Are the dividends being paid on the same date that they are declared? Who would receive the dividends? What will the stockholders receive from the corporation

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