5 2 Part 1 of 2 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. Common stock-$15 par value, 150,000 shares authorized, 58,000 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings points Total stockholders' equity $ 870,000 423,000 554,000 $1,847,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $31 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet 1 2 Record the declaration of a 2% stock dividend. Note: Enter debits before credits Date General Journal Feb 05 Retained earnings Common stock dividend distributable Paid-in capital in excess of par value, Common stock Debit Credit