Accounting MCQ Accounting Chapter 11 On March 31, a corporation issued a 2 for 1 stock split of its 100,000 shares of $0.01 par value common stock. As a result of the stock split:

On March 31, a corporation issued a 2 for 1 stock split of its 100,000 shares of $0.01 par value common stock. As a result of the stock split:

Naim 22:15 Accounting Chapter 11

On March 31, a corporation issued a 2 for 1 stock split of its 100,000 shares of $0.01 par value common stock. As a result of the stock split:

A) stockholders' equity remained unchanged.
B) stockholders' equity decreased.
C) retained earnings were decreased.
D) stockholders' equity increased.

Answer: A) stockholders' equity remained unchanged.

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Accounting MCQ

On March 31, a corporation issued a 2 for 1 stock split of its 100,000 shares of $0.01 par value common stock. As a result of the stock split:

On March 31, a corporation issued a 2 for 1 stock split of its 100,000 shares of $0.01 par value common stock. As a result of the stock split:

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