Pistol Corporation purchased 100 percent ownership of Scope Products on January 1,206, for $56,000, at which time 5 cope Products reported retained earnings of $10,000 and capital stock outstanding of $30,000. The differential was attributable to patents with a life of eight years. Income and dividends of Scope Products were Required: required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Notes Enter debits before credits. Journal entry worksheet Record the dividend from Scope Company for 206. Note: Enter debits before credits. Journal entry worksheet