Zion, Inc. declares a 10% stock dividend when there are 10,000 shares of $1 par value stock issued and outstanding and the market value is $5 per share. On the date of payment, Zion will issue the stock and record the transaction with which of the following entries? (Check all that apply.)
Debit to Common stock Dividend Distributable for $5,000.
Debit to Common Stock Dividend Distributable for $1,000.
Credit to Common Stock for $1,000.
Credit to Common Stock for $5,000.
Credit to Cash for $5,000.