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The stockholders' equity section of TVX Company on February 4 follows. On February 5 , the directors declare a 2% stock dividend distributable on February

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The stockholders' equity section of TVX Company on February 4 follows. 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 $36 per share on February 5 before the stock dividend 1. Prepare entries to record both the dividend declaration and its distribution. Record the declaration of a 2% stock dividend. Note: Enter debits before credits. Record the distribution of a 2% stock dividend. Note: Enter debits before credits

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