Identify the effect that a stock split, stock dividend and cash dividend have on the following items. Record the effect as NE (No Effect), I (Increase) or D (Decrease) Item [27 Marks] Stock Split Stock Dividend Cash Dividend Total Assets Total Liabilities Total Shareholders' Equity Total Share Capital Total Retained Earnings Legal Capital Per Share Book Capital Per Share Number of Shares % of Shareholders' Ownership Gilkes corporation set up a stock subscription for its employees to buy a total of 20,000 no par value common stock per month at a price of $8 per share for one year. Record the subscription entry Particulars Debit [2 Marks] Credit At the end of the first month the employees at Gilkes purchased the 20,000 shares at $8 each. Record the two entries for the stock subscription. Particulars Debit [4 Marks] Credit