Journal entry worksheet Record the declaration of a 2% stock dividend. Note: Enter debits before credits. Journal entry worksheet Record the distribution of a 2% stock dividend. Note: Enter debits before credits. Required information Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. [The following information applies 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 record. The stock's market value is $36 per share on February 5 before the stock dividend. mportant Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. . Prepare entries to record both the dividend declaration and its distribution