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Entries for Stock Dividends Paris Corporation has 23,000 shares of $70 par common stock outstanding....

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Accounting

Entries for Stock Dividends Paris Corporation has 23,000 shares of $70 par common stock outstanding. On June 8,Paris Corporation declared a 3% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $81 per share on June 8. Journalize the entries required on June 8, July 13,and August 12. For a compound transaction, if an amount does not require an entry, leave it blank. If no entry required, select "No Entry Required " and leave the amount boxes blank.

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