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Given the following information, prepare a trial balance for Instacart Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $570,000,000 Accounts Receivable

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

Account

Debit ($)

Credit ($)

Cash

$570,000,000


Accounts Receivable

$575,000,000


Inventory

$530,000,000


Equipment

$2,120,000,000


Accumulated Depreciation


$1,030,000,000

Accounts Payable


$980,000,000

Notes Payable


$2,040,000,000

Common Stock


$2,500,000,000

Retained Earnings


$1,063,000,000

Sales Revenue


$2,600,000,000

Cost of Goods Sold

$1,300,000,000


Operating Expenses

$990,000,000


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