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The following account balances were drawn from the Year 1 financial statements of Grayson Company: $ 2,500 Cash Accounts receivable Land $ 8,800 Accounts payable

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The following account balances were drawn from the Year 1 financial statements of Grayson Company: $ 2,500 Cash Accounts receivable Land $ 8,800 Accounts payable $ 3,000 Common stock $ 16,000 Retained earnings, Jan. 1 Revenue Expenses $ 5,400 $19,000 $14,500 What is the balance of the Common Stock account? Multiple Choice $15,400 0 $19,900 Saved What is the balance of the Common Stock account? Multiple Choice

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