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Required information [The following informalion applies to the questions displayed below] The stockholders equity section of TVX Company on February 4 follows. On February 5,

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Required information [The following informalion applies to the questions displayed below] The stockholders equity section of TVX Company on February 4 follows. On February 5, the ditectors declare a 2% stock dividend distrbutable on February 28 to the February 15 stockhotders of record. The stock's markel value is $41 per share on February 5 before the sock dividend. 1. Prepare entries to record both the dividend declaration and its distribution On February 5 , the directors declare a 2% stock dividend distributable on February 28 to the February 5 stockholders of record The stock's market value is $41 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution

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