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OpenStudy (erib):
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OpenStudy (erib):
A stock-split journal entry would include a A. debit to Retained Earnings and a credit to Common Stock. B. debit to Common Stock and a credit to Cash. C. debit to Common Stock Dividend Distributable and a credit Common Stock. D. memorandum notation only.
OpenStudy (tkhunny):
Does a Stock Split change ANY value? Does it create CASH? How does a split work? Is it like this: 10 shares @ $15.00 each ==> 20 shares @ $7.50 each?
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