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The stockholders equity section of TVX Company on February 4 follows.! Required information [ The following information applies to the questions displayed below. ] The
The stockholders equity section of TVX Company on February follows.! Required information The following information applies to the questions displayed below. The stockholders' equity section of TVX Company on February follows. Common stock$ par value, shares authorized, shares issued and outstanding Paidin capital in excess of par value, common stock Retained earnings Total stockholders' equity On February the directors declare a stock dividend distributable on February to the February stockholders of record. The stock's market value is $ per share on February before the stock dividend. Prepare entries to record both the dividend declaration and its distribution. Prepare the stockholders' equity section after the stock dividend is distributed. Assume no other changes to equity. Answer is complete but not entirely correct. TVX COMPANY Stockholders' Equity Section of the Balance Sheet Common stock$ par value, shares authorized, shares issued and outstanding $ Paidin capital in excess of par value, common stock Retained earnings Total stockholders equity $ On February the directors declare a stock dividend distributable on February to the February stockholders of record. The stocks market value is $ per share on February before the stock dividend. Prepare entries to record both the dividend declaration and its distribution.
The stockholders equity section of TVX Company on February follows.!
Required information
The following information applies to the questions displayed below.
The stockholders' equity section of TVX Company on February follows.
Common stock$ par value, shares authorized,
shares issued and outstanding
Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
On February the directors declare a stock dividend distributable on February to the February
stockholders of record. The stock's market value is $ per share on February before the stock
dividend.
Prepare entries to record both the dividend declaration and its distribution.
Prepare the stockholders' equity section after the stock dividend is distributed. Assume no other changes to equity.
Answer is complete but not entirely correct.
TVX COMPANY
Stockholders' Equity Section of the Balance Sheet
Common stock$ par value, shares authorized, shares issued and outstanding $
Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders equity $
On February the directors declare a stock dividend distributable on February to the February stockholders of record. The stocks market value is $ per share on February before the stock dividend.
Prepare entries to record both the dividend declaration and its distribution.
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