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all journal entry please. The stockholders' equity section of Jun Company's balance sheet as of April 1 follows, on April 2, Jun declares and distributes
all journal entry please.
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, 395,000 shares authorized, 210,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,050,000 510,000 843,000 $2,403,000 Prepare the stockholders' equity section immediately after the stock dividend. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) mon stock Paid-in capital in excess of par value, common stock Total paid-in capital Retained earnings Total stockholders' equityStep by Step Solution
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