The stockholders' equity section of Jun Co.'s balance sheet as of April 1 follows. On...
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Accounting
The stockholders' equity section of Jun Co.'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 $20 (prior to the dividend). Common stock-$5 par value, 375, eee shares authorized, 200, shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity tee, eee 833, eee $2,433,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed Answer is complete but not entirely correct. JUN CO Stockholders' Equity April 2 (after stock dividend) Common tack Paid in Chain ECOSS of common stock Total paddin Capital $ 1,100,000 700,000 1,800,000 633,000 $ 2433 000 Retained camnings Total stockholders' equity
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