Please provide an explanation or cite sources of info for each question.

Reverse stock splits: a. Cause the dollar amount in the common stock account to increase. b. Result in a loss that is reported on the income statement. c. Increase the number of shares outstanding. d. Increase the par value per share. e. Both (a) and (d) are true. Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. Gershwin would record this reduction by crediting Accounts Receivable and debiting: A) Sales Revenue. B) Sales Discounts. C) Sales Returns & Allowances. D) Allowance for Bad Debts. E) Service Fee Expense. 9. For decision making, sunk costs are: a. treated the same as unavoidable direct fixed costs. b. treated the same as avoidable direct fixed costs. c. treated the same as opportunity costs. d. relevant for outsourcing decisions. e. relevant if they are common costs