Which of the following is not true about a 2-for-1 stock split? Multiple Choice O A stockholder with 100 shares before the split owns 200 shares after the split. The market price will decrease Total stockholders' equity stays the same. Par value per share is reduced to half of what it was before the split. Total contributed capital increases BackBay, Inc. retires bonds at 102 The bonds had been issued at the face value of $160,000. The journal entry to record this retirement includes a Multiple Choice debit of $473.800 to Bonds Payable, a credit to Gain on Bond Retirement of $3,800 and credit of $450.000 to Cosh debe of $473,800 to Bonds Payable and a credite of $473 800 to Cash, debt of 5473,800 to Bonds Payable, o credit of $18.800 to Loss on Bond Retirement, and a credit of $460,000 to Cash dobit of $450,000 to Bonds Payable. debit of $3,800 to Loss on Bond Retrement, and a credit of $473,800 10 Cash debit of 5460,000 to Bonds Payable, a debt of $3,800 to Gain on Bond Retirement, and a credit of $473,800 to Cash Maxwell Manufacturing issued $480,000, 10 year, 8% bonds at 98 The journal entry to record this bond issuance will include a Multiple Choice debt to Premium on Bonds Payable for $38.400 credit to Discount on Bonds Payable for $9.600 0 credit to Bonds Payable for $480.000 0 credit to Bonds Payable for $470.400 debit to Cash For S480.000 In the financial statements, Discount on Bonds Payable is: Multiple Choice deducted from Bond Interest Expense. deducted from Bonds Payable. O O O added to Bonds Payable. O a contra-equity account