[Stefanz1995]

On November 1, 2014, Kalen Corporation’s stockholders’ equity section is as follows:

Common stock, $10 par value		$600,000
Paid-in capital in excess of par value—Common Stock		180,000
Retained earnings		200,000
Total stockholders’ equity		$980,000

On November 1, Kalen declares and distributes a 15% stock dividend when the market value of the stock is $16 per share.

Indicate the balances in the stockholders’ equity accounts after the stock dividend has been distributed.

Common stock		$
Paid-in capital in excess of par value—Common Stock
Retained earnings
Total stockholders’ equity		$

[Curlyben]

What do YOU think ?
While we're happy to HELP we wont do all the work for you.
Show us what you have done and where you are having problems..