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52 Required information Exercise 13-8 Small stock dividends LO P2 [The following information applies to the questions displayed below) The stockholders' equity of TVX Company

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52 Required information Exercise 13-8 Small stock dividends LO P2 [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. 9:44:28 Common stock-$20 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid in capital in excess of par value, Connon stock Retained earnings Total stockholders' equity $1,180,000 430,000 553,000 $2,163,000 sook Hint annt 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 $36 per share on February 5 before the stock dividend. erences Exercise 13-8 Part 2 Saved Help Seve .. C Required information Exercise 13-8 Part 2 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Total stockholders' equity 3.00 Next > of 10

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