[SOLVED] If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:
If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:
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- Retained earnings would increase by $61,115
- Equity would decrease by $6,112
- Equity would increase by $61,115
- Retained earnings would increase by $6,112
