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Amazon.com, Inc. Trial Balance as at 31 December 2025 Debit ($) Credit ($) Cash 60,000 Accounts Receivable 70,000 Inventory 80,000 Buildings 400,000 Accumulated Depreciation -
Amazon.com, Inc.
Trial Balance as at 31 December 2025
Debit ($) | Credit ($) | |
Cash | 60,000 | |
Accounts Receivable | 70,000 | |
Inventory | 80,000 | |
Buildings | 400,000 | |
Accumulated Depreciation - Buildings | 80,000 | |
Accounts Payable | 50,000 | |
Long-term Debt | 120,000 | |
Common Stock | 300,000 | |
Retained Earnings | 130,000 | |
Sales Revenue | 500,000 | |
Cost of Goods Sold | 300,000 | |
Operating Expenses | 80,000 | |
Depreciation Expense | 20,000 | |
Total | 1,010,000 | 1,010,000 |
Required:
- Prepare the Ledger Accounts for the above trial balance.
- Calculate the Income Statement for the year ended 31 December 2025.
- Formulate the Balance Sheet as at 31 December 2025.
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