John Jones Company has 20,000 shares of $100 par value common stock, Assuming that the proper journal entry was made to record a 5% common stock dividend on the declaration date when the market value of the stock was $135 per share, which of the following accounts would be debited when the stock dividend is distributed? Paid-in Capital in Excess of Par Value Common Stock Dividends Distributable Retained Earnings Dividends Payable