The accounting in a stock split will transfer funds
A) from the Common Stock and Paid in Capital accounts to the Retained Earnings account.
B) from the Retained Earnings account to the Paid in Capital account.
C) from the Paid in Capital account to the Retained Earnings account.
D) from the Retained Earnings account to the Preferred Stock account.
E) 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