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The ordinary shares of Sweet Holding are currently selling at 3128 per share. The directors wish to reduce the share price and increase share volume

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The ordinary shares of Sweet Holding are currently selling at 3128 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $10; book value is 871 per share. 10.40 million shares are issued and outstanding I Prepare the necessary journal entries assuming the following. (Enter amounts in dollars. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) (a) The board votes a 2-for-1 share split The board votes a 100% share dividend. (b) No. Account Titles and Explanation Debit Credit (a) (b) (To record the declaration) (To record the distribution)

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