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The stockholders equity on TV X company at the beginning of the day on February 5 follows ... On February 15 the directors are clear

The stockholders equity on TV X company at the beginning of the day on February 5 follows
... On February 15 the directors are clear that a 12% stock good and distributable on February 28 to the February 15 stockholders of record. The stocks market value is $39 per share on February 5 before the stock dividend. His ducks market value is 35 per share on feb 28th image text in transcribed
image text in transcribed
d ihibrmation [The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on February Common stock-$10 par value, 150,000 shares authorized, 74,000 shares issued and outstanding Retained earnings Total stockholders' equity 740,000 525,000 675,000 $1,940,000 .. Paid-in capital in excess of par value, c stock On February 5, the directors declare a 12% stock dividend distributable on February 2 record. The stock's market value is $39 per share on February 5 before the stock divi $35 per share on February 28. 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list X: Import a new list Record the declaration of 12% stock dividend. 1 Record the distribution of 12% stock dividend. 2 Common stock-$10 par value, 150,000 shares authorized, 74,000 shares issued and outstand Paid-in capital in excess of par value, common s Retained earnings Total stockholders equity On February 5, the directors declare a 12% stock dividend record. The stock's market value is $39 per share on Febr $35 per share on February 28. 2. One stockholder owned 700 shares on February 5 before the this stockholder's shares immediately before and after the stock d to 3 decimal places.) Before After Book value per share Total book value of shares 12

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