Multiple Choice
Spin Co.has $52,000 in its Cash account,$20,000 in its Inventory account,and $12,000 in its Notes Payable (short-term) account.If Spin's only other account is Common Stock,what is the balance of that account?
A) $20,000.
B) $84,000.
C) $60,000.
D) $44,000.
Correct Answer:
Verified
Correct Answer:
Verified
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