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Accounting for small stock dividend LO P2 The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On April 2, Jun

Accounting for small stock dividend LO P2

The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On April 2, Jun

declares and distributes a 10% stock dividend. The stocks per share market value on April 2 is $20 (prior to

the dividend).

Prepare the stockholders equity section immediately after the stock dividend.

$

JUN COMPANY

Stockholders Equity

April (before stock dividend)

Common stock$5 par value, 375,000 shares authorized,

200,000 shares issued and outstanding

$ 1,000,000

Paid-in capital in excess of par value, common stock

600000

Retained earnings

833000

Total stockholders equity

$ 2,433,000

JUN COMPANY

Stockholders Equity

April (after stock dividend)

Common stock

$ 1,100,000

Paid-in capital in excess of par value, common stock

Total paid-in capital

Retained earnings

Total stockholders equity

$

please show work i have can't remember how to do the equations.

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