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Vincent Corporation has 91,000 shares of $110 par common stock outstanding. On June 30, Vincent Corporation declared a 6% stock dividend to be issued on July 30 to stockholders of record on July 15. The market price of the stock was $ $124 per share on June 30.

If no entry is required, select "No Entry Required" and leave the amount boxes blank.

Question Content Area

Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank.

Date	Account	Debit	Credit
June 30	CashCommon StockPaid-in Capital in Excess of Par-Common StockStock DividendsStock Dividends Distributable
	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. If an amount box does not require an entry, leave it blank.

Date	Account	Debit	Credit
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. If an amount box does not require an entry, leave it blank.

Date	Account	Debit	Credit
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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