On June 30, the board of directors of Sandals, Inc., declares a 100% stock dividend on its 23,000, $1 par, common shares. The market price of Sandals common stock is $28 on June 30. Record the stock dividend. (f no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the stock dividend. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal