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The following account balances were drawn from the financial statements of Grayson Company: Cash Accounts receivable Land $ 5,300 $ 2,300 $ 8,900 Accounts payable
The following account balances were drawn from the financial statements of Grayson Company: Cash Accounts receivable Land $ 5,300 $ 2,300 $ 8,900 Accounts payable Common stock Retained earnings, January 1 Revenue Expenses $ 1,700 ? $ 3,600 $ 10,400 $ 7,700 Based on the above information, what is the balance of Common Stock for Grayson Company? Multiple Choice $11.200 O $8,500 O $800 $11,300
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