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American Airlines Group Inc.'s trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 500,000 Accounts Receivable 600,000 Inventory

American Airlines Group Inc.'s trial balance as of December 31, 2023, is as follows:

Account

Debit ($)

Credit ($)

Cash

500,000


Accounts Receivable

600,000


Inventory

550,000


Equipment

3,800,000


Accumulated Depreciation


1,600,000

Accounts Payable


600,000

Notes Payable


2,500,000

Common Stock


2,500,000

Retained Earnings


650,000

Sales Revenue


7,000,000

Cost of Goods Sold

4,200,000


Salaries Expense

800,000


Rent Expense

280,000


Prepare the adjusted trial balance for American Airlines Group Inc. as of December 31, 2023.

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