On September 1, a corporation had 100,000 shares of $2 par value common stock, and $1,000,000 of retained earnings. The corporation decides issues a 4-for-1 stock split. The general journal entry to record this transaction is: O A. Retained earnings (debit) and stock split (credit). O B. Retained earnings (debit) and common stock (credit). OC. No journal entry. O D. Retained earnings (debit) and common stock split distribution (credit).
