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Given the following information, prepare a trial balance for Snap Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $600,000,000 Accounts Receivable
Given the following information, prepare a trial balance for Snap Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $600,000,000 | |
Accounts Receivable | $545,000,000 | |
Inventory | $580,000,000 | |
Equipment | $2,100,000,000 | |
Accumulated Depreciation | $1,100,000,000 | |
Accounts Payable | $1,080,000,000 | |
Notes Payable | $2,130,000,000 | |
Common Stock | $2,610,000,000 | |
Retained Earnings | $1,113,000,000 | |
Sales Revenue | $2,750,000,000 | |
Cost of Goods Sold | $1,375,000,000 | |
Operating Expenses | $1,030,000,000 |
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