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Saved Help Required information [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day

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Saved Help 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. I Common stock-$15 par value, 150,000 shares authorized, 61,000 shares issued and outstanding $ 915, eee Paid-in capital in excess of par value, common stock 421, eee Retained earnings 552, eee Total stockholders' equity $1,888, eee 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. 1. Prepare entries to record both the dividend declaration and its distribution

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