A Loss on Issue of Common Stock indicates that the stock was sold for less than its par value.

Name: A Loss on Issue of Common Stock indicates that the stock was sold for less than its par value.
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Quizplus · Accepted Answer

A Loss on Issue of Common Stock actually indicates that the stock was sold for less than its issuance or selling price, not necessarily its par value. Par value is a nominal value assigned to a share of stock and has little to do with the actual market price at which the stock is sold.

A Loss on Issue of Common Stock Indicates That the Stock