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Analyze the ledger accounts of Microsoft Corporation for the fiscal year 2023. Prepare a comparative table showing the changes in key accounts such as cash,
- Analyze the ledger accounts of Microsoft Corporation for the fiscal year 2023. Prepare a comparative table showing the changes in key accounts such as cash, accounts receivable, accounts payable, and equity. Interpret the trends observed and discuss their implications for the company's financial health.
Account | FY 2023 ($ millions) | FY 2022 ($ millions) |
Cash | $50,000 | $45,000 |
Accounts Receivable | $30,000 | $28,000 |
Accounts Payable | $20,000 | $18,000 |
Equity | $100,000 | $95,000 |
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
