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Given the following information, prepare a trial balance for Microsoft Corporation as of December 31, 2024: Account Debit ($) Credit ($) Cash $90,000,000 Accounts Receivable

Given the following information, prepare a trial balance for Microsoft Corporation as of December 31, 2024:

Account

Debit ($)

Credit ($)

Cash

$90,000,000


Accounts Receivable

$95,000,000


Inventory

$70,000,000


Equipment

$280,000,000


Accumulated Depreciation


$110,000,000

Accounts Payable


$80,000,000

Notes Payable


$240,000,000

Common Stock


$250,000,000

Retained Earnings


$163,000,000

Sales Revenue


$350,000,000

Cost of Goods Sold

$175,000,000


Operating Expenses

$90,000,000


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