Saved On June 30, the board of directors of Sandals, Inc., declares and pays a 100% stock dividend on its 17,000, $1 par, common shares! market price of Sandals common stock is $22 on June 30. Record the stock dividend. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the f account field.) View transaction list Journal entry worksheet Record the stock dividend. Note: Enter debits before credits. General Journal Debit Credit Transaction June 30