The journal entry to record the issuance of a stock dividend is which of the following?

1 debit common stock dividend distributable (number of shares x par value
common stock); credit common stock (same)

2 debit retained earnings (market value x number of shares); credit common stock
dividends distributable (number of shares x par value); credit paid-in capital in
excess of par-stock dividend

3 debit common stock dividend distributable (number of shares x par value); credit
cash

4 debit common stock dividends distributable (number of shares x market value
common stock); credit common stock (same)