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t Time: 01:19 PM/Remaining: 77 min ES Multiple Choice Question 164 Which of the following statements is not true about a 2-for-1 stock split? O A stockholder with 5 shares before the split owns 10 shares after the split. Par value per share is reduced to half of what it was before the split. O The market value of the stock will probably decrease. Total paid-in capital increases. Click if you would like to Show Work for this question: Open Show Work K TO TEXT record on July 31, 2017. The correct entry to be recorded on August 15, 2017, will include a Kimmel, Accounting, 6e rt Time: 01:19 PM/ Remaining: 76 min. ES Multiple Choice Question 104 Treasury stock should be reported in the financial statements of a corporation as a(n) liability. O deduction from total paid-in capital. O deduction from total paid-in capital and retained earnings. O investment. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Kimmel, Accounting, 6e me: 01:19 PM/Remaining: 76 min. Multiple Choice Question 164 Which of the following statements is not true about a 2-for-1 stock split? O A stockholder with 5 shares before the split owns 10 shares after the split Par value per share is reduced to half of what it was before the split. O The market value of the stock will probably decrease. O Total paid-in capital increases. Click if you would like to Show Work for this question: Open Show Work

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