A Stock Split Accomplished by Altering the Par Value in Direct

question 17

Multiple Choice

A stock split accomplished by altering the par value in direct proportion to the number of new shares

• A)does not require a journal entry.
• B)decreases Additional Paid-In Capital or Retained Earnings.
• C)increases Additional Paid-In Capital or Retained Earnings.
• D)decreases Cash or Retained Earnings.
• E)increases Cash or Retained Earnings.