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PLEASE HELP QS 13-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows.
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QS 13-7 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), BOOK Common stock-$5 par value, 485,000 shares authorized, 255, eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,275, eee 600,00 888, een $ 2,763,000 Hint Prepare the stockholders' equity section immediately after the stock dividend JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Total paid-in capital Total stockholders equity Step by Step Solution
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