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Required information [ The following information applies to the questions displayed below. ] The stockholders' equity section of TVX Company on February 4 follows. On
Required information
The following information applies to the questions displayed below.
The stockholders' equity section of TVX Company on February follows.
On February the directors declare a stock dividend distributable on February to the February stockholders of
record. The stock's market value is $ per share on February before the stock dividend.
Prepare entries to record both the dividend declaration and its distribution.
Record the declaration of a stock dividend.
Record the distribution of a stock dividend.
Note : journal entry has been entered
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