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QS 13-8 (Algo) Reporting a small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On
QS 13-8 (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 20% stock dividend. The stock's per share market value on April 2 is $10 (prior to the dividend), Comon stock-55 par value, 445,000 shares authorixed, 235,000 shares issued and outstanding $1,175,000 Paid-in capital in excess of par value, common stock 560.000 Retained earning 368,000 Total stockholders' equity $ 2,603, ceo Prepare the stockholders' equity section Immediately after the stock dividend is distributed. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Total paid in capital Total stockholders equity
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