Journalize the entries requiered on given time

Reference no: EM132083167

Question: Vienna Highlights Corporation has 150,000 shares of $100 par common stock outstanding. On June 14, Vienna Highlights declared a 4% stock dividend to be issued August 15 to stockholders of record on July 1. The market price of the stock was $110 per share on June 14.

Journalize the entries requiered on June 14, July 1, and August 15.

Reference no: EM132083167

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