7. When a stock split occurs, the associated joumal entries are recorded at the time of declaration, not at the time of distribution. a) True b) False 8. When a stock split occurs, there should be a note of it to the financial statement(s). a) True b) False 9. When a stock split occurs, par value of the stock changes, but the number of shares issued does not change a) True b) False 10. When a stock split occurs, there is a change in Additional Paid-in Capital. al Tne b) False