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Required information Exercise 11-10 (Algo) Small stock dividend LO P2 [The following information applies to the questions displayed below,] The stockhoiders' equity seckion of TVX

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Required information Exercise 11-10 (Algo) Small stock dividend LO P2 [The following information applies to the questions displayed below,] The stockhoiders' equity seckion of TVX Company on February 4 foliows. On February 5 , the directors declare a 2% stock dividend distributable on February 28 to the Februaty 15 stockholders of record. The stock's market volue is $41 per share on February 5 before the stock dividend. Exercise 11-10 (Algo) Part 1 1. Prepare entries to record both the dividend declaration and its distribution

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