Journalize the entries required on june 30 and july 30

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Vincent Corporation has 98,000 shares of $100 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 $124 share on June 30

Journalize the entries required on June 30 and July 30. If no entry is required, simply skip to the next transaction.

Reference no: EM132379414

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