Vincent Corporation has 91,000 shares of $105 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 $116 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   - Select - - Select -     - Select - - Select -     - Select - - Select -   Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank. July 15   - Select - - Select -     - Select - - Select -   Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank. July 30   - Select - - Select -     - Select - - Select -

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter13: Earnings Per Share (eps)
Section: Chapter Questions
Problem 1R: Ponce Towers, Inc., had 50,000 shares of common stock and 10,000 shares of 100 par value, 8%...
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Vincent Corporation has 91,000 shares of $105 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 $116 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
 
- Select - - Select -
 
 
- Select - - Select -
 
 
- Select - - Select -
 

Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank.

July 15
 
- Select - - Select -
 
 
- Select - - Select -
 

Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank.

July 30
 
- Select - - Select -
 
 
- Select - - Select -
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