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Question 4 Entries for Stock Dividends Vienna Corporation has 36,000 shares of $80 par common stock outstanding. On August 2, Vienna Corporation declared a 4%
Question 4
Entries for Stock Dividends Vienna Corporation has 36,000 shares of $80 par common stock outstanding. On August 2, Vienna Corporation declared a 4% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $113 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. Aug. 2 Stock Dividends Stock Dividends Distributable Paid-In Capital in Excess of Par-Common Stock Sept. 15 No Entry Required No Entry Required II II II II 01 010 Stock Dividends Distributable Oct. 8 Common StockStep by Step Solution
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