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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

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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 valge, 150,000 shares authorised, 63,000 shares issued and outstanding $630,000 Paid-in capital in excess of par value, common stock 427,000 Retained earnings 546,000 Total stockholders' equity $ 1,603,000 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. Journal entry worksheet Record the distribution of a 2% stock dividend. Note: Enter debits before credits. Date February 28 General Journal Debit Credit Record entry Clear entry View general journal

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