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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 Common stock-$10

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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 Common stock-$10 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 610,000 429,000 550,000 $1,589,000 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. 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet 1 2 Record the declaration of a 29 stock dividend. Note: Enter debits before credits Date General Journal Debit Credit Feb 05 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet

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