Su 11 On September 15, 2021, the Scottie Company board of directors declared a 10% stock dividend on common shares the shares are to be distributed on October 10, 2021, to shareholders of record on October 1, 2021. The market price per share on the date of declaration was $23.3 while the market price on the date of distribution was $25 3. The common stock has a por of 55 per share and there were 1,850,000 shares outstanding prior to the declaration of the stock dividend Required: Prepare any necessary journal entries to record the above transactions (if no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) 50 55 View transaction list Journal entry worksheet 1 2 3 Record declaration of common stock dividend. Note: Enter debits before credits Date September 15, 2021 General Journal Debit Credit Prev 11 of 33 Next