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QUICK STUDY 0513-1 Accounting for a share dividend 101 Pe 893 Information taken from Jamestown Corp.'s balance sheet as of April 1, 2020, follows: Common

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QUICK STUDY 0513-1 Accounting for a share dividend 101 Pe 893 Information taken from Jamestown Corp.'s balance sheet as of April 1, 2020, follows: Common shares, 375,000 shures uuthorized 150.000 shares issued and outstanding SI.102,500 Retained carnings 633.000 On April 1. Jamestown declares and distributes a 10% share dividend. The market value or the shares on this date is $25. Prepare the equity section for Jamestown immediately following the share dividend (assume all dividends are debited directly to Retained Earnings)

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