Required information Exercise 11-8 Small stock dividends 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, 63,000 shares issued and outstanding Paid in capital in excess of par value, canon stock Retained earnings Total stockholders equity 5.945,000 427,000 552,090 $1,925,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $36 per share on February 5 before the stock dividend. Journal entry worksheet Record the declaration of a 2% stock dividend. Note: Enter debits before credits Date General Journal Debit Credit Feb 05 Record the distribution of a 2% stock dividend. Note: Enter debits before credits. General Journal Debit Credit Date Feb 28 TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Total stockholders' equity