Question: How does the general journal entry for a stock split differ from one for a stock dividend? Question 37 options: Stock splits require a debit
How does the general journal entry for a stock split differ from one for a stock dividend? Question 37 options: Stock splits require a debit to Retained Earnings for face amount of stock. Stock splits require a debit to Retained Earnings for market value of stock. Stock splits require a credit to the stock account on date of declaration for the par value of stock. A stock split does not require a journal entry except a memorandum entry
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