Business, 28.11.2019 02:31 tannercarr3441
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 $15 (prior to the dividend).
common stock—$5 par value, 475,000 shares authorized, 250,000 shares issued and outstanding $ 1,250,000
paid-in capital in excess of par value, common stock 590,000
retained earnings 883,000
total stockholders' equity $ 2,723,000
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The stockholders’ equity section of jun company’s balance sheet as of april 1 follows. on april 2, j...
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