content area top Part 1 Williamson Company declared and distributed a 10% stock dividend when it had 400,000 shares of $1 par value common stock outstanding. The market price per share of common stock was $10 per share when the dividend was declared. The journal entry to record the stock dividend would include a credit to: Question content area bottom Part 1 A. Paidminusin Capital in Excess of Parlong dashCommon $360,000. B. Retained Earnings $40,000. C. Retained Earnings $400,000. D. Common Stock $400,000