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Check m Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day

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Check m 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, 64,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 960, eee 424,00 552,000 $1,936,000 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 $36 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. Journal entry worksheet Record the distribution of a 2% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Record entry Clear entry View general Journal

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