amework Epic Inc has 11.700.hates of $2 par valve common stock outstanding. Epic declares a 22 stock dividend on July 1 when the stock's market value is $25 per share. The stock dividend is distributed on July 20 Prepare journal entries for a declaration and (bl distribution of the stock dividend. View transaction in Journal entry worksheet > Record the declaration of a 229 stock dividend Enter debts before it Debit Credit Date July 01 General Journal Retained earings Common stock dividend distributable Paid in capital in sopar value common stock Record entry Clear entry View general Journal 9 94"F Presc Home End ET 96 5 4 7 8 9 E E R. T Y U d