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The stockholders equity section of TVX Company on February 4 follows Comon stock-$15 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid in

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The stockholders equity section of TVX Company on February 4 follows Comon stock-$15 par value, 150,000 shares authorized, 59,000 shares issued and outstanding Paid in capital in excess of par Value, common stock Retained earnings Total stockholders' equity H49,0W 421,000 546,000 $ 1,852,000 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 $41 per share on February 5 before the stock dividend 1. Prepare entries to record both the dividend declaration and its distnbution View transaction list View journal entry worksheet No Debit Credit Date February 05 1 General Journal Retained earnings Common stock dividend distributable Paid-in capital in excess of par value, Common stock 2 February 28 Common stock dividend distributable Common stock, $15 par value

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