True/False
The beginning balance in the Common Stock account of Woodlands Technologies, Inc. was $80,000. The revenues and expenses amounted to $55,000 and $41,000, respectively. During the year, the company did not declare any dividends or issue common stock. The Common Stock account will have $135,000 at the end of the year.
Correct Answer:
Verified
Correct Answer:
Verified
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