Chapter 11 Homework Help 7 Belkin Inc. has 116,000 shares of $3 par value common stock outstanding. Belkin declares a 56% stock dividend on March 2 when the stock's market value is $88 per share. Prepare the journal entry for declaration of the stock dividend. 81 Sints View transaction list eBook Print Journal entry worksheet References Record the declaration of a 56% stock dividend. Note: Enter debits before credits Date General Journal Debit Credit Mar 02 Prey 7 of 11 Next