On September 1, Ziegler Corporation had 67,000 shares of $5 par value common stock, and $201,000 of retained earnings. On that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. The general journal entry to record this transaction is: Multiple Choice No entry is made for this transaction. ( ) Debit Re ned Earnings $335,000; credit Common Stock $335,000. Debit Retained Earnings $335,000; credit Stock Split Payable $335,000. O Debit Retained Earnings $1,005,000; credit Common Stock Split Distributable $1,005,000. Debit Retained Earnings $1,005,000; credit Common Stock $1,005,000