Required information [The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. 1,280,000 $ Common stock-$20 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 525,000 675,000 Total stockholders' equity $ +2,480,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $51 per share on February 5 before the stock dividend. The stock's market value is $45 per share on February 28. 1. Prepare entries to record both the dividend declaration and its distribution. (Omit the "$" sign in your response.) Debit Credit Date Feb. 5 2 General Journal (Click to select) (Click to select) (Click to select) 28 Feb. 4 O (Click to select) (Click to select) 4 Required information [The following information applies to the questions displayed below.) The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 1,280,000 $ 525,000 675,000 Total stockholders' equity +2,480,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $51 per share on February 5 before the stock dividend. The stock's market value is $45 per share on February 28. 1. Prepare entries to record both the dividend declaration and its distribution. (Omit the "$" sign in your response.) Debit Credit Date Feb. 5 General Journal (Click to select) (Click to select) (Click to select) 28 Feb. (Click to select) O (Click to select) Common stock, $20 par value Retained earnings Organization expenses Common stock dividend distributable Common stock, no-par value Contributed capital in excess of par, common stock Contributed capital in excess of state, common stock Cash