SEVED Help Se Required information Exercise 11-6 Stock dividends and per share book values LO P2 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-$15 par value, 150,800 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 900,000 525,080 675,880 2,188,888 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 $46 per share on February 5 before the stock dividend. The stock's market value is $40 per share on February 28. cise 11-6 Part 1 pare entries to record both the dividend declaration and its distribution ew transaction list Prey 56 of 6 BDB Next > Required information Journal entry worksheet Part 1 of 2 Record the declaration of 14% stock dividend. eBook Hint Print Note: Enter debits before credits. References lourna Debit Credit Date Feb 05 Retained earnings Common stock dividend distributable Paid-in capital in excess of par value. Common stock Record entry Clear entry View general journal Prey 5 6 of 6 Next Journal entry worksheet Record the distribution of 14% stock dividend. Note: Enter debits before credits. Debit Credit Date Feb 28 General Journal (Common stock dividend distributable Common stock, $15 par value Common stock dividend distributable I I 1 Record entry Clear entry View general journal