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Required Information The following information applies to the questions displayed below.) The stockholders' equlty of TVX Company at the beginning of the day on February

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Required Information The following information applies to the questions displayed below.) The stockholders' equlty of TVX Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorised, 60,000 shares lowed and outstanding Paid-in capital in excess of par value, common stock Betained sarnings Total stockholders equity 500,000 421,000 500.000 51.569,000 On February 5, the directors declare a 2% 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 et Journal entry worksheet > 1 2 Record the declaration of a 2 stock dividend

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