Davis Enterprises has 290.000 shares of $5 par value common stock outstanding Davis declares a 40% stock dividend on March 2 when the stock's market value is $73 per share. The journal entry for the declaration of the stock dividend is. Multiple Choice No journal entry is required for the declaration of a stock dividend Credit Account Title Retained Earnings Common Stock Dividend OFISTO Debit 500,00 500.000 Account Title Debit Credit TRERA Nord