Required information Exercise 13-8 Small stock dividends LO P2 [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-$15 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 945,000 427,000 546,000 $1.918.000 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. Exercise 13-8 Part 1 1. 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 Date General Journal Debit Credit Feb 05 Record entry Clear entry View general Journal Exercise 13-8 Part 1 1. Prepare entries to record both the dividend declaration and its distribution. View transaction list Journal entry worksheet Record the distribution of a 2% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Record entry Clear entry View general journal