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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-$20 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-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders egaity $ 1,140,000 427,000 547.000 $ 2,114,000 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 $41 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 declaration of a 2% stock dividend. Note: Enter debits before credits Date February 05 General Journal Debit Credit 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, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,140,000 427,000 547,000 $ 2, 114,000 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 $41 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution View transaction ist Journal entry worksheet

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