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Given the following information, prepare a trial balance for Mastercard Incorporated as of December 31, 2024: Account Debit ($) Credit ($) Cash $80,000,000 Accounts Receivable

Given the following information, prepare a trial balance for Mastercard Incorporated as of December 31, 2024:

Account

Debit ($)

Credit ($)

Cash

$80,000,000


Accounts Receivable

$85,000,000


Inventory

$60,000,000


Equipment

$240,000,000


Accumulated Depreciation


$95,000,000

Accounts Payable


$70,000,000

Notes Payable


$200,000,000

Common Stock


$210,000,000

Retained Earnings


$143,000,000

Sales Revenue


$300,000,000

Cost of Goods Sold

$150,000,000


Operating Expenses

$70,000,000


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