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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 $280,000,000

Given the following information, prepare a trial balance for Goldman Sachs Group Inc. as of December 31, 2024:

Account

Debit ($)

Credit ($)

Cash

$280,000,000


Accounts Receivable

$285,000,000


Inventory

$255,000,000


Equipment

$1,500,000,000


Accumulated Depreciation


$480,000,000

Accounts Payable


$430,000,000

Notes Payable


$930,000,000

Common Stock


$1,210,000,000

Retained Earnings


$503,000,000

Sales Revenue


$1,220,000,000

Cost of Goods Sold

$610,000,000


Operating Expenses

$440,000,000


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