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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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