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[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 $61,531
  •  Equity would decrease by $6,153
  •  Equity would increase by $61,531
  •  Retained earnings would increase by $6,153



honeyd


29-03-21 | 15:50:16

Equity would increase by $61,531

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