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Given the following information, prepare a trial balance for hubs Financial, Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $680,125,000 Accounts
Given the following information, prepare a trial balance for hubs Financial, Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $680,125,000 | |
Accounts Receivable | $685,000,000 | |
Inventory | $640,000,000 | |
Equipment | $2,420,000,000 | |
Accumulated Depreciation | $1,180,000,000 | |
Accounts Payable | $1,200,000,000 | |
Notes Payable | $2,340,000,000 | |
Common Stock | $3,050,000,000 | |
Retained Earnings | $1,283,000,000 | |
Sales Revenue | $3,200,000,000 | |
Cost of Goods Sold | $1,600,000,000 | |
Operating Expenses | $1,210,000,000 |
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