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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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