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Given the following information, prepare a trial balance for Adobe Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $450,050,000 Accounts Receivable
Given the following information, prepare a trial balance for Adobe Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $450,050,000 | |
Accounts Receivable | $375,000,600 | |
Inventory | $420,000,400 | |
Equipment | $1,285,000,000 | |
Accumulated Depreciation | $610,000,000 | |
Accounts Payable | $560,600,000 | |
Notes Payable | $1,200,200,000 | |
Common Stock | $1,450,033,000 | |
Retained Earnings | $643,000,000 | |
Sales Revenue | $1,550,000,050 | |
Cost of Goods Sold | $775,000,030 | |
Operating Expenses | $570,240,000 |
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