Indicate How Each Event Affects Thefinancial Statements

Essay

Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts
Grover Co. declared a 2-for-1 stock split. Before that announcement, Grover had 40,000 shares of outstanding common stock.