Gymshark is a British fitness apparel and accessories brand, manufacturer, and retailer headquartered in Solihull, England. On June 13. the board of directors of Gymshark inc declared a 2-for-1 stock split on its 40 million, $1 par, common shares, to be distributed on July 1. The market price of Gymshark common stock was $15 on June 13 Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers in the tabs below. General Journal Par value Prepare a journal entry that summarizes the declaration and distribution of stock split if it is not to be effected in the form of a stock ividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list