The stockholders' equity of TVX Company at the beginning of the day on February 5 follows Common stock-$20 par value, 15e,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,500,000 525,000 675,00e 2,700,000 On February 5, the directors declare a 12% stock div dend distributable on February 28 to the February 15 stockholders of record The stock's market value is $34 per share on February 5 before the stock dividend The stock's market value is $30 per share on February 28 1. Prepare entries to record both the dividend declaration and its distribution Journal entry worksheet Record the declaration of 12% stock dividend. Note Enter debits before credts Debit C Feb 05 Record entry Clear entry View general journal