On February 5, the directors dkzlare a 20\% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 1 1. Prepare entries to record both the dividend declaration and its distribution. Journal entry worksheet Record the declaration of a 20% stock dividend. Note: Enter debits before credits. Journal entry worksheet Record the distribution of a 20% stock dividend. Note: Enter debits before credits. On February 5, the directors dkzlare a 20\% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 1 1. Prepare entries to record both the dividend declaration and its distribution. Journal entry worksheet Record the declaration of a 20% stock dividend. Note: Enter debits before credits. Journal entry worksheet Record the distribution of a 20% stock dividend. Note: Enter debits before credits