Entries for Stock Dividends Vienna Corporation has 33,000 shares of $60 par common stock outstanding. On August 2, Vienna Corporation declared a 2% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $94 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 fill in the blank 2 fill in the blank 3 Stock Dividends Distributable fill in the blank 5 fill in the blank 6 Paid-In Capital in Excess of Par-Common Stock fill in the blank 8 fill in the blank 9 Sept. 15 No Entry Required fill in the blank 11 fill in the blank 12 No Entry Required fill in the blank 14 fill in the blank 15 Oct. 8 Stock Dividends Distributable fill in the blank 17 fill in the blank 18 Common Stock fill in the blank 20 fill in the blank 21
Entries for Stock Dividends Vienna Corporation has 33,000 shares of $60 par common stock outstanding. On August 2, Vienna Corporation declared a 2% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $94 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 fill in the blank 2 fill in the blank 3 Stock Dividends Distributable fill in the blank 5 fill in the blank 6 Paid-In Capital in Excess of Par-Common Stock fill in the blank 8 fill in the blank 9 Sept. 15 No Entry Required fill in the blank 11 fill in the blank 12 No Entry Required fill in the blank 14 fill in the blank 15 Oct. 8 Stock Dividends Distributable fill in the blank 17 fill in the blank 18 Common Stock fill in the blank 20 fill in the blank 21
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Entries for Stock Dividends
Vienna Corporation has 33,000 shares of $60 par common stock outstanding. On August 2, Vienna Corporation declared a 2% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $94 per share on August 2.
Aug. 2 | Stock Dividends | fill in the blank 2 | fill in the blank 3 |
Stock Dividends Distributable | fill in the blank 5 | fill in the blank 6 | |
Paid-In Capital in Excess of Par-Common Stock | fill in the blank 8 | fill in the blank 9 | |
Sept. 15 | No Entry Required | fill in the blank 11 | fill in the blank 12 |
No Entry Required | fill in the blank 14 | fill in the blank 15 | |
Oct. 8 | Stock Dividends Distributable | fill in the blank 17 | fill in the blank 18 |
Common Stock | fill in the blank 20 | fill in the blank 21 |
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