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Given the following information, prepare a trial balance for Robinhood Markets, Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $580,000,000 Accounts
Given the following information, prepare a trial balance for Robinhood Markets, Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $580,000,000 | |
Accounts Receivable | $585,000,000 | |
Inventory | $540,000,000 | |
Equipment | $2,160,000,000 | |
Accumulated Depreciation | $1,050,000,000 | |
Accounts Payable | $1,000,000,000 | |
Notes Payable | $2,080,000,000 | |
Common Stock | $2,550,000,000 | |
Retained Earnings | $1,083,000,000 | |
Sales Revenue | $2,700,000,000 | |
Cost of Goods Sold | $1,350,000,000 | |
Operating Expenses | $1,010,000,000 |
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