Question: please help Note : im unsure if what i have down so far is right please help with whole question thank you so much Vincent
Vincent Corporation has 100,000 share of $100 par common stock outstanding. On June 30 , Vincent Corporation declared a 5% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $119 a share on June 30. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not requare an entry, leave it blank. Journalize the entry required on June 30. June 30 Journalize the entry requed on July 15. Jully 15 Journalize the entry required on July 30. July 30
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
