When a Share Split Occurs

When a share split occurs:

A) Current shareholders receive more shares thus increasing their stake in the company.
B) Accounting entries are required to record the increase in the number of shares on hand.
C) It must be done so that any uncalled amounts are divided equally when the shares are issued.
D) More shares are available to be purchased by the general public, allowing the company to raise more funds.
E) None of the given answers.