Question
Vincent Corporation has 98,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 4% stock dividend to be issued on
Vincent Corporation has 98,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 4% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $121 a share on June 30.
If no entry is required, select "No Entry" and leave the amount boxes blank.
Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank.
June 30 | fill in the blank 6b025ffaa078026_2 | fill in the blank 6b025ffaa078026_3 | |
fill in the blank 6b025ffaa078026_5 | fill in the blank 6b025ffaa078026_6 | ||
fill in the blank 6b025ffaa078026_8 | fill in the blank 6b025ffaa078026_9 |
Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank.
July 15 | fill in the blank 52a0c203dfc206f_2 | fill in the blank 52a0c203dfc206f_3 | |
fill in the blank 52a0c203dfc206f_5 | fill in the blank 52a0c203dfc206f_6 |
Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank.
July 30 | fill in the blank 22081dfa8fe2001_2 | fill in the blank 22081dfa8fe2001_3 | |
fill in the blank 22081dfa8fe2001_5 | fill in the blank 22081dfa8fe2001_6 |
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