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Comparative balance sheets for 2 0 2 4 and 2 0 2 3 , a statement of income for 2 0 2 4 , and

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Comparative balance sheets for 2024 and 2023, a statement of income for 2024, and additional information from the
accounting records of Red, Incorporated, are provided below:Required information [The following information applies to the questions displayed below.] Comparative balance sheets for 2024 and 2023, a statement of income for 2024, and additional information from the accounting records of Red, Incorporated, are provided below:Required: Prepare the T-account for Red, Incorporated. Note: Enter your answers in millions rounded to 1 decimal place (i.e.,5,500,000 should be entered as 5.5).
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