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On June 30, the board of directors of Sandals, incorporated, declares and issues a 100% stock dividend on its 20,000,$1 par, common shares. The market

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On June 30, the board of directors of Sandals, incorporated, declares and issues a 100% stock dividend on its 20,000,$1 par, common shares. The market price of Sandals common stock is $25 on June 30 . Record the stock dividend. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet noten enver pevits verure yeuns

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