Which of the following are FALSE? II. 111. IV. Stock dividends increase total stockholder's equity and change the composition of stockholder's equity Declaration of a cash dividend reduces stockholders' equity Stock dividends reduce the par value per share while stock splits have no effect on the par value per share Journal entries to record stock splits are required on the declaration and payment date When a stock dividend is declared total paid-in V. capital increases by the same amount that retained earnings decreases OI & IV III & V O I, III, & IV OI, III & V O II, IV & V OI, II, and III