B E15-13 (Stock Split and Stock Dividend) The common stock of Warner Inc. is currentiy selling at $110 share. The directors wish to reduce the share price and increase share voiume prior to & new issue The per share par vaiue is $10; book value is $70 per share. Five million shares are issued and outstanding. instructions Prepare the necessary joumal entries assuming the following votes a 2-for 1 stock split.- no joumal cntty j mcmo,that 2Por1 stuok spl (b) The board votes 100% stock dividend-la, q c srck Di n died will ue e) Briefly discuss the accounting and securities market difierences between these two methods of increasing the number of shares outstanding