Question: How would a share split in which the par value per share decreases in proportion to the number of additional shares issued affect Share premium

How would a share split in which the par value per share decreases in proportion to the number of additional shares issued affect Share premium Retained earnings, respectively Group of answer choices Increase Decrease No effect Decrease No effect No effect Increase No effectA Company disclosed the following information for the year ended December 31, 2008: Bonds payable P300, 000 Share premium on ordinary share 50, 000 Donated capital 40, 000 Treasury share at cost 20, 000 Ordinary share capital, par P100 500, 000 Ordinary share option warrants 100, 000 Investments in Available for sale securities 70, 000 Share premium form treasury share 15, 000 Accumulated profits and losses 135, 000 What is the total shareholder's equity of Steam Company for the year ended December 31, 2008

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