6 Part 1 of 2 10 points Required information (The following information applies to the questions displayed below) The stockholders' equity section of TVX Company on February 4 follows. Connon stock-$10 par value, 150,000 shares authorised, 61,000 shares issued and outstanding $ 610,000 Pald.in capital in excess of par value, connon stock 430,000 Retained earnings 546,000 Total stockholders' equity 5 1,586,000 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 $41 per share on February 5 before the stock dividend. Boc Mint 1. Prepare entries to record both the dividend declaration and its distribution Debit Credit View transaction lit View journal entry worksheet No Date General Journal 1 February 05 Retained earings Common stock dividend distributable Paid in capital in excess of par vale, Common stock 32.760 12.000 20,760 2 February 28 Common stock dividend distributable 12,000 Common stock $10 par value 12.000