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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 $230,000,000 Accounts

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

Account

Debit ($)

Credit ($)

Cash

$230,000,000


Accounts Receivable

$235,000,000


Inventory

$210,000,000


Equipment

$540,000,000


Accumulated Depreciation


$290,000,000

Accounts Payable


$260,000,000

Notes Payable


$500,000,000

Common Stock


$550,000,000

Retained Earnings


$343,000,000

Sales Revenue


$650,000,000

Cost of Goods Sold

$375,000,000


Operating Expenses

$270,000,000


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