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The stockholders equity of TVXCompany at the beginning of the day on February 5 folows: Common stock-$15 per value, 150,000 shares authorized. 000 shares issued

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The stockholders equity of TVXCompany at the beginning of the day on February 5 folows: Common stock-$15 per value, 150,000 shares authorized. 000 shares issued and outstanding 1065.000 Paid in of par value, common stock Retained earnings 525,000 675.000 Total stockholders' equity $2.265000 on see directors declare a distribunable on February 281o the February 15 stockholders of record The stock's market value is $4 per share on February before the stock dividend. Exercise 1-6 Stock dividends and per sharebook values 6. 1000 pores Exercise 116 1 Part 1.Prepare entries to record both the dividend declaration and its distributon transaction st view peneraljournal Journal Entry Worksheet O Ask me anything

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