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If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be: Retained earnings would increase
If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:
Retained earnings would increase by $69,286
Equity would decrease by $6,929
Equity would increase by $69,286
Retained earnings would increase by $6,929
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