Question: share split has been made by an entity during the financial year. Which of the following statements about this share split is not true? The

share split has been made by an entity during the financial year. Which of the following statements about this share split is not true?

The number of shares is tripled.

The unit market price of each share is reduced.

The value of share capital is tripled.

No journal entry is required.

The cost to shareholders is zero.

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