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Coca-Cola Companys trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 300,000 Accounts Receivable 400,000 Inventory 350,000 Equipment
Coca-Cola Company’s trial balance as of December 31, 2023, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 300,000 | |
Accounts Receivable | 400,000 | |
Inventory | 350,000 | |
Equipment | 1,250,000 | |
Accumulated Depreciation | 450,000 | |
Accounts Payable | 200,000 | |
Notes Payable | 550,000 | |
Common Stock | 750,000 | |
Retained Earnings | 180,000 | |
Sales Revenue | 2,500,000 | |
Cost of Goods Sold | 1,250,000 | |
Salaries Expense | 250,000 | |
Rent Expense | 75,000 |
Prepare the adjusted trial balance for Coca-Cola Company as of December 31, 2023.
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