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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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