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Given the following information, prepare a trial balance for Goldman Sachs Group Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $270,000,000
Given the following information, prepare a trial balance for Goldman Sachs Group Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $270,000,000 | |
Accounts Receivable | $275,000,000 | |
Inventory | $250,000,000 | |
Equipment | $1,000,000,000 | |
Accumulated Depreciation | $470,000,000 | |
Accounts Payable | $420,000,000 | |
Notes Payable | $920,000,000 | |
Common Stock | $1,100,000,000 | |
Retained Earnings | $503,000,000 | |
Sales Revenue | $1,200,000,000 | |
Cost of Goods Sold | $600,000,000 | |
Operating Expenses | $430,000,000 |
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