Dan Druff Shampoo has 1,000,000 shares of common stock authorized with a par of $1 per share, of which 500,000 shares are outstanding. When the market value was $9 per share, Druff issued a stock dividend by which for each ten shares held, one share was issued as a stock dividend. The par per share did not change. What entry did Druff record for this transaction? Multiple Choice Account Title Debit Credit Paid-in capitalexcess of par 50,000 Common stock 50,000 Account Title Debit Credit Retained earnings 450,000 Common stock 50,000 Paid-in capitalexcess of par 400,000 Account Title Debit Credit Paid-in capitalexcess of par 450,000 Common stock 50,000 Retained earnings 400,000 Account Title Debit Credit Retained earnings 50,000 Common stock 50,000