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Required Information [The following information applies to the questions displayed below.) The stockholders' equity 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' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$10 par value, 150,000 shares authorized, 55,800 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 550, eee 422,eee 551,000 $1,523, eee On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockhol 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 search ORI 99. Conmon stock-$10 par value, 150,000 shares authorized, 55,800 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholdersequity $ 550,000 422,680 551, see $1,523, On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders o 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 Record the declaration of a 2% stock dividend. Note: Enter debits before credits Date Feb 05 Debit Credit General Journal Retained comings Common stock dividend distributable Paid-in capital in excess of par value, Common stock 39.600 11,000 25.900 to search O ELE 99, Required information The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows, Common stock-$10 par value, 150,000 shares authorized, 55,000 shares issues and outstanding Paldin Capital in excess of par value, common stock Retained earnings Total stockholders' uity 550,000 422.000 551.100 $1,523,000 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 536 per share on February 5 before the stock dividend 2. Prepare the stockholders' equity section after the stock dividend is distributed (Assume no other changes to equity) TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 21 Total stockholders equity Search O . da o > 0 R K

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