Required information Exercise 11-6 Stock dividends and per share book values LO P2 [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$15 par value, 150,000 shares authorized, 66,000 shares issued and outstanding $ 990,000 Paid-in capital in excess of par value, common stock 525,000 Retained earnings 675,000 Total stockholders equity $ 2,190,000 On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stocks market value is $34 per share on February 5 before the stock dividend. The stocks market value is $30 per share on February 28.

Required information Exercise 11-6 Stock dividends and per share book values LO P2 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: Connon stock-$15 par value, 150,000 shares authorized, 66,000 shares issued and outstandine Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity Eaa, 525 8 86 25 2002 ,192, 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 Exercise 11-6 Part 1 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet Record the declaration of 12% stock dividend. Nintentar debits have carch Required information Exercise 11-6 Stock dividends and per share book values LO P2 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-$15 par value, 150,000 shares authorized, 66,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 1, 2 5253 65,3 2,176,70 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 Exercise 11-6 Part 1 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet Record the distribution of 12% stock dividend.