The following account balances were drawn from the financial statements of Grayson Company: Cash$8,800 Accounts payable$2,500 Accounts receivable$3,000 Common stock ? Land$16,000 Retained earnings, Jan. 1$5,400 Revenue$19,000 Expenses$14,500 Based on the above information, what is the balance of Common Stock for Grayson Company?
A. $900
B. $15,400
C. $19,900
D. $20,800
Answer: B
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The element of reception in the communication process refers to
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