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HOLIO Saved Ch 11: Homework i Help Save & Exit Submit Check my work 8 QS 11-8 (Algo) Reporting a small stock dividend LO P2
HOLIO Saved Ch 11: Homework i Help Save & Exit Submit Check my work 8 QS 11-8 (Algo) Reporting a 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). 1 points 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 Retained earnings Total stockholders' equity eBook $ 1,275,000 600,000 888,000 $ 2,763,000 Hint Print Prepare the stockholders' equity section immediately after the stock dividend is distributed. References JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock Paid-in capital in excess of par value, common stock Total paid-in capital Retained earnings Total stockholders' equity $ Mc Graw Hill MacBook
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