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Coca-Cola Companys trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 200,000 Accounts Receivable 300,000 Inventory 250,000 Equipment
Coca-Cola Company’s trial balance as of December 31, 2023, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 200,000 | |
Accounts Receivable | 300,000 | |
Inventory | 250,000 | |
Equipment | 1,200,000 | |
Accumulated Depreciation | 400,000 | |
Accounts Payable | 180,000 | |
Notes Payable | 500,000 | |
Common Stock | 700,000 | |
Retained Earnings | 170,000 | |
Sales Revenue | 2,000,000 | |
Cost of Goods Sold | 1,200,000 | |
Salaries Expense | 240,000 | |
Rent Expense | 70,000 |
Prepare the adjusted trial balance for Coca-Cola Company as of December 31, 2023.
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