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Given the following information, prepare a trial balance for Cisco Systems, Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $450,000,000 Accounts
Given the following information, prepare a trial balance for Cisco Systems, Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $450,000,000 | |
Accounts Receivable | $455,000,000 | |
Inventory | $410,000,000 | |
Equipment | $1,640,000,000 | |
Accumulated Depreciation | $790,000,000 | |
Accounts Payable | $740,000,000 | |
Notes Payable | $1,560,000,000 | |
Common Stock | $1,900,000,000 | |
Retained Earnings | $823,000,000 | |
Sales Revenue | $2,000,000,000 | |
Cost of Goods Sold | $1,000,000,000 | |
Operating Expenses | $750,000,000 |
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