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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 value: 150,000 shares authorized, 60,000 shares issued and outstanding Paid.in capital in excess of par value, con stock Retained earnings Total stockholders' equity $ 600,000 425,000 550.000 $1,575.000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend, 1. Prepare entries to record both the dividend declaration and its distribution View transaction that Journal entry worksheet >

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