If the common stock account had a $10,000 credit balance at the beginning of the period,and during the period,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.

Question

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The common stock account balance after the additional investment would be a credit balance of $15,000 ($10,000 beginning balance + $5,000 additional investment = $15,000 credit balance). The balance would not be a debit balance of $5,000.

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