make sure to include the value with common stock

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 Total stockholders' equity 5 688,600 428,000 553,000 51,581,800 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 $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 View journal entry worksheet Credit Debit 612,000 Record the declaration of a 2% stock dividend. ick 165 200 2 Record the distribution of a 2% stock dividend