Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 15% stock dividend on June 1 when the market price per share was 512. The shares were issued on June 30. Q2 Instructions 1- Prepare the necessary entries for the declaration record and payment of the stock dividend. 2- List the three dates that are related to dividends and discuss them briefly Solution - declaration entry Accounts Debit Credit Solution - 2- List the three dates that are related to dividends and discuss them briefly. 1 2- 3 Solution - record entry Accounts Debit Credit Solution - payment entry Accounts Debit Credit