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Also Record the distribution of a 2% stock dividend. Required Information [The following Information applles to the questions displayed below.] The stockholders' equity section of

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Record the distribution of a 2% stock dividend.

Required Information [The following Information applles to the questions displayed below.] The stockholders' equity section of TVX Company on February 4 follows. 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 dlvidend. 1. Prepare entrles to record both the dividend declaration and its distribution. Journal entry worksheet Note: Enter debits before credits

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