Question: State the net effect (increase, decrease, no effect) of the authorization and issuance of stock certificates in a stock split on each of the following:


State the net effect (increase, decrease, no effect) of the authorization and issuance of stock certificates in a stock split on each of the following: 1. Paid-in capital 2. Retained earnings 3. Number of shares outstanding 4. Market price per share Identify each of the items listed below as an asset, liability, stockholders' equity, revenue, or expense, and indicate the normal balance of each account. 1. Organization Costs 2. Paid-In Capital in Excess of Par-Preferred Stock 3. Retained Earnings 4. Treasury Stock 5. Preferred Stock 6. Cash
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