A stock split, unlike a stock dividend,
a. requires no journal entry
b. does not change total stockholders' equity
c. reduces the par value of the stock
d. increases the total number of shares outstanding
e. both a and c
Answer: e. both a and c
A stock split, unlike a stock dividend,
a. requires no journal entry
b. does not change total stockholders' equity
c. reduces the par value of the stock
d. increases the total number of shares outstanding
e. both a and c
Answer: e. both a and c
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.