On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 50 million, $10 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $26 on June 13. Prepare the journal entry to record 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 the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the stock split. Note: Enter debits before credits. Event General Journal Debit 5001 Credit 500 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. General Journal Par value What is the par per share after the split? (Enter your answer in dollars rounded to 2 decimal places.) Par value per share