Question 15 A corporation completes a 5-for-1 stock split of its $50 par common stock. After the split, A. the common stock beco B. the par value per share of the stock is decreased C. the par value per share of the stock is S250 D. the stockholder's have been diluted in their ownership interest % mes preferred stock Question 16 A corporation issues $225,000 of bonds at 104, the journal entry will include which of the following A. a credit to cash of $225,000 B. a debit to cash of $243,000 C. a debit to discount on bonds payable of $18,000 D. a credit to premium on bonds payable of $9,000 Debt and/or equity securities that are purchased to earn short-term profits from changes in their market prices are classified as A. Held-to-maturity securities B. Trading securities OC. Available-for sale securities O D. Convertible securities