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McDonald's Corporation provides the following account balances at December 31, 2024: Cash: $150,000 Accounts Receivable: $80,000 Inventory: $120,000 Accounts Payable: $70,000 Long-term Debt: $200,000 Common

McDonald's Corporation provides the following account balances at December 31, 2024:

  • Cash: $150,000
  • Accounts Receivable: $80,000
  • Inventory: $120,000
  • Accounts Payable: $70,000
  • Long-term Debt: $200,000
  • Common Stock: $100,000
  • Retained Earnings: $130,000 Prepare a trial balance as of December 31, 2024.

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