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Given the following information, prepare a trial balance for JPMorgan Chase & Co. as of December 30, 2024: Account Debit ($) Credit ($) Cash $290,000,000
Given the following information, prepare a trial balance for JPMorgan Chase & Co. as of December 30, 2024:
Account | Debit ($) | Credit ($) |
Cash | $290,000,000 | |
Accounts Receivable | $295,000,000 | |
Inventory | $270,000,000 | |
Equipment | $1,050,000,000 | |
Accumulated Depreciation | $500,000,000 | |
Accounts Payable | $450,000,000 | |
Notes Payable | $970,000,000 | |
Common Stock | $1,250,000,000 | |
Retained Earnings | $533,000,000 | |
Sales Revenue | $1,150,000,000 | |
Cost of Goods Sold | $635,000,000 | |
Operating Expenses | $455,000,000 |
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