Belkin Inc. has 100,000 shares of $3 par value common stock outstanding. Belkin declares a 40% stock dividend on March 2 when the stock's market value is $72 per share. Prepare the journal entry for declaration of the stock dividend. View transaction list Journal entry worksheet Record the declaration of a 40% stock dividend. Note: Enter debits before credits Date General Journal Debit Credit Mar 02 Common stock, no-par value Record entry Clear Entry View general journal