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Vincent Corporation has 94,000 share of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $122 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 require an entry, leave it blank.

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Journalize the entry required on June 30.

June 30	CashCommon StockPaid-in Capital in Excess of Par-Common StockStock DividendsStock Dividends Distributable	- Select -	- Select -
	CashCommon StockNo Entry RequiredStock DividendsStock Dividends Distributable	- Select -	- Select -
	CashCommon StockNo Entry RequiredPaid-in Capital in Excess of Par-Common StockStock Dividends	- Select -	- Select -

Question Content Area

Journalize the entry required on July 15.

July 15	CashCommon StockNo Entry RequiredPaid-in Capital in Excess of Par-Common StockStock Dividends	- Select -	- Select -
	CashCommon StockNo Entry RequiredPaid-in Capital in Excess of Par-Common StockStock Dividends Distributable	- Select -	- Select -

Question Content Area

Journalize the entry required on July 30.

July 30	Common StockNo Entry RequiredPaid-in Capital in Excess of Par-Common StockStock DividendsStock Dividends Distributable	- Select -	- Select -
	CashCommon StockNo Entry RequiredPaid-in Capital in Excess of Par-Common StockStock Dividends Distributable	- Select -	- Select -

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