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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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