47 Giannis Company has 100,000 shares of $10 par value common stock outstanding. Giannis declares a 10% stock dividend on July 1 when the stock's market value is $40 per share. The stock dividend is distributed on July 20. The journal entry for the declaration of the stock dividend is 133 points sook Multiple Choice O Account Title Retained Earnings Debit 400,000 Credit Common Stock Dividend Distributable 400,000 Account Title Debit Credit Retained Earnings 100,000 Paid-In Capital in Excess of Par Value, Common Stock Common Stock Dividend Distributable 300,000 400,000 Retained Earnings Account Title Common Stock Dividend Distributable Debit Credit 400,000 100,000 Account Title Debit Credit Retained Earnings 100,000 Paid-In Capital in Excess of Par Value, Common Stock Common Stock Dividend Distributable 300,000 400,000 Retained Earnings Account Title Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Common Stock Account Title Common Stock Dividend Distributable Retained Earnings Debit Credit 400,000 100,000 300,000 Debit Credit 400,000 400,000 Account Title Debit Credit Common Dividend Payable 400,000 Cash 400,000