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help please Required information The following information applies to the questions displayed below! The stockholders' equity section of TVX Company on February 4 follows Con
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Required information The following information applies to the questions displayed below! The stockholders' equity section of TVX Company on February 4 follows Con stock-525 par value, 150,000 Shares authorized, 59,000 shares issued and outstanding Pa capital in excess of par value, Connon stock Metained earnings Total stoodholders equity 5 1,475,000 428000 546,000 $ 2,449,000 On February 5 the directors declare a 2 stock dividend distributable on February 28 to the February 15 stockholders on record. The stock market value is 541 per share on February 5 before the stock dividend 1. Prepare entre to record both the dividend decoration and its distribution Journal entry worksheet w 1 2. Record the declaration of a 2% stock dividend. a ces Enter debits before credita. Date February 05 General Journal Debit Credit urnal entry worksheet 1 thing Record the distribution of a 2% stock dividend. Hote: Enter cebits before credits Date February 28 General Journal Debit Credit Step by Step Solution
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