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! Required information [The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on

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! Required information [The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 6 Common stock-$20 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 $1,180,000 428,eee 594,000 $2,162,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockho record. The stock's market value is $31 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 Required information View transaction list Journal entry worksheet 2 Record the declaration of a 2% stock dividend. Note: Enter debits before credits Date Feb 05 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet

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