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

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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