4 The stockholders' equity section of Jun Co.'s balance sheet as of April 1 follows....
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4 The stockholders' equity section of Jun Co.'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). 25 points Common stock-$5 par value, 555,000 shares authorized, 290,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity Prepare the stockholders' equity section immediately after the stock dividend is distributed. Total paid-in capital JUN CO. Stockholders' Equity April 2 (after stock dividend) $1,450,000 670,000 923,000 $3,043,000 Total stockholders' equity
The stockholders' equity section of Jun Co'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 (perior to the dividend). Prepare the stockholders' equity section immediately after the stock dividend is distributed
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