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The following account balances were drawn from the Year 1 financial statements of Grayson Company: Cash Accounts receivable Land $4,900 Accounts payable $2,000 Common stock
The following account balances were drawn from the Year 1 financial statements of Grayson Company: Cash Accounts receivable Land $4,900 Accounts payable $2,000 Common stock $8,500 Retained earnings, Jan. 1 Revenue Expenses $ 1,500 ? $ 3,200 $10,000 $ 7,500 What is the balance of the Common Stock account? Multiple Choice $10700 58.200 5700 Prev 31 of 35 Nex acer
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