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What is the balance of its common stock account

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Question - A company has the following accounts and account balances at the end of its first year:

Accounts payable, $3,000

Cash, $19,000

Common stock, Not given

Dividends, $1,000

Expenses, $14,000

Notes payable, $4,000

Prepaid insurance, $3,000

Revenues, $23,000

Required - What is the balance of its common stock account at the end of the first year?

Reference no: EM132633635

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