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View transaction list Journal entry worksheet > Record the distribution of a 2% stock dividend. Note: Enter debits before credits. General Journal Debit Credit Date
View transaction list Journal entry worksheet > Record the distribution of a 2% stock dividend. Note: Enter debits before credits. General Journal Debit Credit Date Feb 28 Record entry Clear entry View general journal 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. Common stock-$10 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity S 640,000 426,000 548,000 $1,614,000 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 $36 per share on February 5 before the stock dividend. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet Record the declaration of a 2% stock dividend. Note: Enter debits before credits. General Journal Debit Credit Date Feb 05
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