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Use the following to answer questions 17-18: The following account balances were drawn from the December 31 balance sheet of Moxy Company: 17. Based on
Use the following to answer questions 17-18: The following account balances were drawn from the December 31 balance sheet of Moxy Company: 17. Based on the above information, what is the balance of Common Stock for Moxy Co. A) $750 B) $1,750 C) $3,400 D) $6,200 18. Based on the above information, what is the beginning balance (January 1) of Retained Earnings for Moxy Co. A) $2,650 B) $3,400 C) $150 D) $450
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