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salam guys . i just want to know the calculation . The owner's equity account for Jojan Berhad is shown below: Common stock (RM 1

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salam guys . i just want to know the calculation

. The owner's equity account for Jojan Berhad is shown below: Common stock (RM 1 par value) Capital Surplus Retained Earnings Total Owner's Equity RM 500,000 1,500,000 3.000.000 5,000,000 if Jojen's stock is currently selling for RM10 per share and an 8 percent of stock dividend has been declared, how many new shares will be distributed? Show the new Jojen's Berhad partial balance sheet. (8 marks) Answer: Total Equity RM5,000,000

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