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TB MC Qu. 02-42 The following account balances were drawn... The following account balances were drawn from the Year 1 financial statements of Grayton Company

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TB MC Qu. 02-42 The following account balances were drawn... The following account balances were drawn from the Year 1 financial statements of Grayton Company $ 1,700 Cash Accounts receivable Land $5,300 Accounts payable $2,300 Common stock $8,900 Retained earnings, Jan. 1 Revenue Expenses $ 3,600 $10,400 $ 7,700 What is the balance of the Common Stock account? Multiple Choice $11.300 o $11.200 $8.500

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