How does the general journal entry for a stock split differ


Question: How does the general journal entry for a stock split differ from one for a stock dividend? O Stock splits require a debit to Retained Earnings for face amount of stock. O Stock splits require a debit to Retained Earnings for market value of stock. O Stock splits require a credit to the stock account on date of declaration for the par value of stock. O A stock split does not require a journal entry except a memorandum entry.

 

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Accounting Basics: How does the general journal entry for a stock split differ
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