Capital Stock Transactions 2 points ABC Inc declared a 10% stock dividend when it had 150,000 shares of common stock outstanding of $3 par value. The market price per common share was $11 per share when the dividend was declared. Which account will be credited to record this dividend declaration: Paid in Capital in Excess of Par CS-150,000 Retained Earnings for $45,000. Common Stock for $45,000. Dividend Payable $165,000. Common Stock Dividends Distributable for $45,000