On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $31 per share on February 5 before the stock dividend.

Required Information [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 of record. The stock's market value is $31 per share on February 5 before the stock dividend. 1. Prepare entrles to record both the dividend declaration and Its distribution. Journal entry worksheet Note: Enter debits betore cred ts. Required Information [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 dlvidend distrlbutable on February 28 to the February 15 stockholders of record. The stock's market value is $31 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