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Given the following information, prepare a trial balance for General Electric Company as of December 31, 2024: Account Debit ($) Credit ($) Cash $130,000,000 Accounts

Given the following information, prepare a trial balance for General Electric Company as of December 31, 2024:

Account

Debit ($)

Credit ($)

Cash

$130,000,000


Accounts Receivable

$135,000,000


Inventory

$110,000,000


Equipment

$440,000,000


Accumulated Depreciation


$190,000,000

Accounts Payable


$160,000,000

Notes Payable


$400,000,000

Common Stock


$450,000,000

Retained Earnings


$243,000,000

Sales Revenue


$550,000,000

Cost of Goods Sold

$275,000,000


Operating Expenses

$170,000,000


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