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Exercise 11-10 (Algo) Small stock dividend LO P2 [The following informotion opplies to the questions disployed below.] The stockholders' equity section of TVX Compony on

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Exercise 11-10 (Algo) Small stock dividend LO P2 [The following informotion opplies to the questions disployed below.] The stockholders' equity section of TVX Compony on February 4 follows. On February 5, the directors declare 82% 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. ixerclse 11-10 (Algo) Part 1 Prepare entries to record both the dividend declaration and its distribution. Journal entry worksheet Record the declaration of a 2% stock dividend. Note: Enter debits before credits

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