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please answer carefully [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on

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[The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows Common stock-$20 par value, 150,000 shares authorized, 64,990 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,280,000 424,000 545,000 $2,249,000 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 entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet > Record the distribution of a 2% stock dividend. Hotel Enter debit before credits Date General Journal Debit Credit Feb 28 Record entry Contents Viano Lima 10 of 11 Reex

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