0 Required Information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Gommon stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 600,000 425,000 550,000 $1,575,000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Journal entry worksheet 2 Record the declaration of a 20% stock dividend. Note: Enter debits before credits. Date General Journal Dobit Credit Feb 05 5 Record entry Clear entry Vlow general Journal Journal entry worksheet Record the distribution of a 20% stock dividend. Noter Enter debits before credits General Journal Debit Date Feb 28 Credit Record entry Clear entry Vlow general Journal