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Please answer both parts [The following information applies to the questions displayed below] The stockholders' equity section of TVX Company on February 4 follows. On
Please answer both parts [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 20% stock dividend distributable on February 28 to the February 15 stockholders record. The stock's market value is $40 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution. Journal entry worksheet epare entries to record both the dividend declaration and its distribution. Journal entry worksheet Record the distribution of a 20% stock dividend. Note: Enter debits before credits
Please answer both parts
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