Vincent Corporation has 96,000 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 $118 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 cf06c0f81f9603a_2 fill in the blank cf06c0f81f9603a_3     fill in the blank cf06c0f81f9603a_5 fill in the blank cf06c0f81f9603a_6     fill in the blank cf06c0f81f9603a_8 fill in the blank cf06c0f81f9603a_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 0abc8c04c05afdf_2 fill in the blank 0abc8c04c05afdf_3     fill in the blank 0abc8c04c05afdf_5 fill in the blank 0abc8c04c05afdf_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 09d97d07805f030_2 fill in the blank 09d97d07805f030_3     fill in the blank 09d97d07805f030_5 fill in the blank 09d97d07805f030_6

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.