If the value of common stock is $6000 at first issue, then the market price of the
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Question:
If the value of common stock is $6000 at first issue, then the market price of the common stock drops to $5700, on the balance sheet, will the value of common stock be recorded as $6000 or $5700? And which item will change in the assets / liabilities if the answer is $5700?
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