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 OA, Retained earnings (debit) and common stock (credit). OB. Retained earnings (debit) and stock split (credit). Oc. No journal entry OD Retained earnings (debit) and common stock split distribution (credit).