Which of the Following Occurs When a 2-For-1 Share Split

question 19

Multiple Choice

Which of the following occurs when a 2-for-1 share split is declared?

• A)The balance in ordinary share capital doubles.
• B)The balance in ordinary share capital is reduced to half the original amount.
• C)The balance in retained earnings doubles.
• D)The balance in ordinary share capital remains the same.

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