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Company: Robinhood Markets, Inc. Given the following information, prepare a trial balance for Robinhood Markets, Inc. as of December 31, 2024: Account Debit ($) Credit

Company: Robinhood Markets, Inc.

Given the following information, prepare a trial balance for Robinhood Markets, Inc. as of December 31, 2024:

Account

Debit ($)

Credit ($)

Cash

$510,000,000


Accounts Receivable

$515,000,000


Inventory

$470,000,000


Equipment

$1,880,000,000


Accumulated Depreciation


$910,000,000

Accounts Payable


$860,000,000

Notes Payable


$1,800,000,000

Common Stock


$2,200,000,000

Retained Earnings


$943,000,000

Sales Revenue


$2,300,000,000

Cost of Goods Sold

$1,150,000,000


Operating Expenses

$870,000,000


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