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will upvote please hurry The stockholders' equity of...

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Accounting

will upvote please hurry
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The stockholders' equity of TVX Company at the beginning of the day on February 5 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. Exercise 11-8 Part 1 1. Prepare entries to record both the dividend declaration and its distribution. Record the declaration of a 2% stock dividend. Record the distribution of a 2% stock dividend. TVX COMPANY Stockholders' Equity Section of the Balance Sheet February 28 Common stock \begin{tabular}{|l|l|} \hline Paid-in capital in excess of par value, common stock & \\ \hline Retained earnings & \\ \hline Total stockholders' equity & $ \\ \hline \end{tabular}

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