Which of the following is true?

A bonus issue can only be paid out of retained profits as stock dividends can only be paid from past profits.

If one shareholder did not pay a call and this shareholder had 150 shares, the resulting journal entry for the receipt of call money would include: Dr Cash; Cr Call.

A share split increases both the number of shares on issue and total shareholders' equity.

A share split requires a journal entry to be recognised.