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Given the following information, prepare a trial balance for Microsoft Corporation as of December 30, 2024: Account Debit ($) Credit ($) Cash $90,500,000 Accounts Receivable
Given the following information, prepare a trial balance for Microsoft Corporation as of December 30, 2024:
Account | Debit ($) | Credit ($) |
Cash | $90,500,000 | |
Accounts Receivable | $96,040,000 | |
Inventory | $72,000,000 | |
Equipment | $310,000,000 | |
Accumulated Depreciation | $140,000,000 | |
Accounts Payable | $86,000,000 | |
Notes Payable | $280,000,000 | |
Common Stock | $260,000,000 | |
Retained Earnings | $176,000,000 | |
Sales Revenue | $385,000,000 | |
Cost of Goods Sold | $178,500,000 | |
Operating Expenses | $96,500,000 |
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