The accounting in a stock split will transfer funds
A) from the Retained Earnings account to the Preferred Stock account.
B) from the Common Stock account to the Retained Earnings account.
C) from the Retained Earnings account to the Common Stock account.
D) from none of the above.

Question

Quizplus · Accepted Answer

In a stock split, no funds are transferred between accounts; it only increases the number of shares and adjusts the par value per share.

The Accounting in a Stock Split Will Transfer Funds