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0S 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows on April

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0S 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows on April 2, Jun declares and distributes a 10% stock dividend The stock's per share market value on April 2 is $15 (prior to the dividend) Common stock-$5 par value, 485, 000 shares authorized, 255, 000 shares issued and outstanding Paid-in capital in excess of par value, common stock $1,275, 000 600, 000 888, 000 $2,763, 000 ined earnings Total stockholders' equity Prepare the stockholders' equity section immediately after the stock dividend. Stockholders' Equity April 2 (after stock dividend ommon stock Paid in capital in excess of par valun, common stock Total paid-in capital Retained earnings Total stockholders' equity

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