On June 30, the board of directors of Sandals, Inc declares a 100% stock dividend on its 13,000 $1 par common shares he market price of Sandals common stock is $18 on June 30 Record the stock dividend. (If 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