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The following account balances were drawn from the Year 1 financial statements of Grayson Company $ 2,150 Cash Accounts receivable Land $6,200 Accounts payable $3,300

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The following account balances were drawn from the Year 1 financial statements of Grayson Company $ 2,150 Cash Accounts receivable Land $6,200 Accounts payable $3,300 Common stock $9,800 Retained earnings, Jan. 1 Revenue Expenses $ 4,500 $11,300 $ 8,150 What is the balance of the Common Stock account? Multiple Choice $12.650 $9.500 Multiple Choice $12,650 $9,500 $1,350 $12.200

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