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Given the following information, prepare a trial balance for Visa Inc. as of December 31, 2024: Account Debit ($) Credit ($) Cash $650,000,000 Accounts Receivable
Given the following information, prepare a trial balance for Visa Inc. as of December 31, 2024:
Account | Debit ($) | Credit ($) |
Cash | $650,000,000 | |
Accounts Receivable | $215,000,000 | |
Inventory | $450,000,000 | |
Equipment | $760,000,000 | |
Accumulated Depreciation | $350,000,000 | |
Accounts Payable | $300,000,000 | |
Notes Payable | $680,000,000 | |
Common Stock | $800,000,000 | |
Retained Earnings | $383,000,000 | |
Sales Revenue | $900,000,000 | |
Cost of Goods Sold | $450,000,000 | |
Operating Expenses | $310,000,000 |
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