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please post answer with full image. The following information applies to the quest The stockholders' equity of TVX Company at the beginning of the day
please post answer with full image.
The following information applies to the quest The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$10 par value, 150,000 shares authorized, 75,000 shares inued and outstanding Paid-in capital in excess of par value, common stock Betained earnings Total stockholders' equity $750,000 525.000 675,000 $1,950,000 On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $34 per share on February 5 before the stock dividend. The stock's market value is $30 per share on February 28. Journal entry worksheet N Record the declaration of 12% stock dividend. Note: Enter debits before credits Date General Journal Debit Credit Feb 05 Record entry Clear entry View general journal Journal entry worksheet Step by Step Solution
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