A stock split has no effect on the total of any account in stockholders' equity.

Name: A stock split has no effect on the total of any account in stockholders' equity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A stock split does not change the total amount of stockholders' equity, as it only increases the number of shares outstanding and decreases the par value per share. Therefore, the overall value of the company remains the same, and there is no impact on the total amount of any account in stockholders' equity.

A Stock Split Has No Effect on the Total of Any