Required Information Exercise 11-10 (Static) Small stock dividend LO P2 [The following information applies to the questions displayed below.] The stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150, eee shares authorized, 68,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 680,000 425,000 550, eee $1,575, eee On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 1 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet Record the declaration of a 20% stock dividend. Note: Enter debits before credits General Journal Debit Credit Date Feb 05 Record entry Clear entry View general journal 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet