If Common Stock Account Had a $10,000 Credit Balance at the Beginning

question 22

True/False

If common stock account had a $10,000 credit balance at the beginning of the period, and during the period, the stockholders invest an additional $5,000, the balance in the common stock account listed on the trial balance will be equal to a debit balance of $5,000.
$10,000cr + $5,000cr = $15,000 credit balance

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