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.

Logout Successful X Question 5 - Ch 11: Exercises 20 pts X *[Solved] Prepare the stockhold X + X - CA https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F% 80% ... V E Ch 11: Exercises 20 pts Saved Help Save & Exit Submit Check my work 5 Required information Part 1 of 2 [The following information applies to the questions displayed below.] The stockholders' equity section of TVX Company on February 4 follows. 1.33 points Common stock-$20 par value, 150,000 shares authorized, 64,000 shares issued and outstanding $1, 280, 000 Paid-in capital in excess of par value, common stock 423, 000 Retained earnings 553, 000 Total stockholders' equity $2, 256, 000 Book On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of Hint The stock market value is $36 per share on February 5 before the stock dividend. n References 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. Note: Enter debits before credits. Date General Journal Debit Credit Feb 05 Retained earnings 16,080 Common stock dividend distributable Mc 5 Hill Type here to search O 6:39 PM 4/29/2021Logout Successful X Question 5 - Ch 11: Exercises 20 pts X *[Solved] Prepare the stockhold X + X - CA https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F% 80% ... V E Ch 11: Exercises 20 pts Saved Help Save & Exit Submit Check my work 5 Required information Part 1 of 2 [The following information applies to the questions displayed below.] The stockholders' equity section of TVX Company on February 4 follows. 1.33 points Common stock-$20 par value, 150,000 shares authorized, 64,000 shares issued and outstanding $1, 280, 000 Paid-in capital in excess of par value, common stock 423, 000 Retained earnings 553, 000 Total stockholders' equity $2, 256, 000 Book On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of Hint The stock market value is $36 per share on February 5 before the stock dividend. n References 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet Type here to search O 6:39 PM 4/29/2021