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The beginning balance in the Common Stock account of Woodlands Technologies, Inc. was $76,000. The...

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Accounting

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The beginning balance in the Common Stock account of Woodlands Technologies, Inc. was $76,000. The revenues and expenses amounted to $65,000 and $45,000, respectively. During the year, the company did not declare any dividends or issue common stock. The Common Stock account will have $141,000 at the end of the year. O O True False

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