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Given the following information, prepare a trial balance for Lyft, Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $470,000,000 Accounts Receivable

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

Account

Debit ($)

Credit ($)

Cash

$470,000,000


Accounts Receivable

$475,000,000


Inventory

$430,000,000


Equipment

$1,720,000,000


Accumulated Depreciation


$830,000,000

Accounts Payable


$780,000,000

Notes Payable


$1,640,000,000

Common Stock


$2,000,000,000

Retained Earnings


$863,000,000

Sales Revenue


$2,100,000,000

Cost of Goods Sold

$1,050,000,000


Operating Expenses

$790,000,000


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