Required information [The following information applies to the questions displayed below) The stockholders' equity section of TVX Company on February 4 follows: Common stock-$20 par value, 150,000 shares authorized, 61,000 shares issued and outstanding $1,220,000 Paid-in capital in excess of par value, common stock 421,000 Retained earnings 548,000 Total stockholders' equity $ 2,189,000 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 The stockholders' equity section of TVX Company on February 4 follows. Common stock-$20 par value, 150,000 shares authorized, 61,000 shares issued and outstanding $ 1,220,000 Paid-in capital in excess of par value, common stock 421,000 Retained earnings 548,000 Total stockholders' equity $ 2,189,000 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 distribution of a 2% stock dividend. Note: Enter debits before credits Debit Credit General Journal Date February 28