Retained earnings represents: the assets of the corporation less the liabilities. a liability on the corporate balance sheet. capital contributed by the stockholders of a corporation. the accumulated profits of the corporation less dividends paid out Stock dividends are declared by dir: board of directors of the company. chief financial officer of the company stockholders of the company. chief executive officer of the company. Which of the following is a reason why a company would do a stock split? To provide the shareholder* with something of value, when the company cannot afford a cash dividend To generate additional sales revenues Q To defend against a hostile takeover To reduce the market price at which the stock is trading Which of the following would be included in the entry to record a 2- for-1 stock split? Retained earnings would be credited. Common stock would be credited. There is no journal entry to record a stock split. Retained earnings would be debited. What type of account is treasury stock? Treasury stock is a contra asset account Treasury stock is a contra liability account. Treasury stock is liability account Treasury stock is a contra stockholders' equity account