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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.
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. 8. Camon stock-$20 par value, 130,000 shares authorized, 58,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity Part 1 of 2 $1,160,000 430,000 550,00 $2,140,000 3.84 points 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 $31 per share on February 5 before the stock dividend. 8020958 Exercise 11-8 Part 1 1. Prepare entries to record both the dividend declaration and its distribution View transactions Journal entry worksheet Record the declaration a 2 stock dividend. No debitore bredt Date Feb 05 Debit General Journal Retained ca Common stock dividend distribute Paid in capital in excess of par vale, Common stock ME
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