The stockholders' equity section of TVX Company on February 4 follows Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 600,000 425,000 550,000 Total stockholders' equity $1,575,000 Saved On February 5, the directors declare a 20a stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. 1. Prepare entries to record both the dividend declaration and its distribution View transaction list Journal entry worksheet 1 2 Record the declaration of a 20% stock dividend. Note: Enter debits before credits. Date February 05 General Journal Debit Credit > he stockholders' equity section of TVX Company on February 4 follows. Common stock-$10 par value, 150.000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 600 425 550 $ 1,575 On February 5, the directors declare a 20% stock dividend distributable on Februar record. The stock's market value is $40 per share on February 5 before the stock di epare entries to record both the dividend declaration and its distribution. Fiew transaction list Journal entry worksheet