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Savod Help Save & Exit S Required information Exercise 11-10 (Algo) Small stock dividend LO P2 {The following information applies to the questions displayed below)

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Savod Help Save & Exit S Required information Exercise 11-10 (Algo) Small stock dividend LO P2 {The following information applies to the questions displayed below) The stockholders' equity section of TVX Company on February 4 follows Common stock-$15 par valut, 150,000 shares authorised, 64,000 shares issued and outstanding Paid-in capital in excess of par valut, common stock Retained earnings Total stocicholders' equity 5.960,000 427,000 545.000 $ 1,932,000 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 $36 per share on February 5 before the stock dividend Exercise 11-10 (Algo) Part 1 1. Prepare entries to record both the dividend declaration and its distribution watertionist Required information 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet

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