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please help record the declaration of a 20% stock dividend and the distribution of a 20% stock dividend Required information [The following information applies to

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Required information [The following information applies to the questions displayed below.] The stockhoiders' equity section of TVX Company on February 4 follows. On February 5 , the directors declare a 20% stock dividend distributable on Fdbruary 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 Record the declaration of a 20% stock dividend. Note: Enter debits before credts. Journal entry worksheet Record the distribution of a 20% stock dividend. Note: Enter debits before credits

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