Question
Costco Wholesale Corporation's trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 1,800,000 Accounts Receivable 3,550,000 Inventory 2,500,000
Costco Wholesale Corporation's trial balance as of December 31, 2023, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 1,800,000 | |
Accounts Receivable | 3,550,000 | |
Inventory | 2,500,000 | |
Equipment | 12,500,000 | |
Accumulated Depreciation | 7,500,000 | |
Accounts Payable | 3,500,000 | |
Notes Payable | 12,000,000 | |
Common Stock | 11,500,000 | |
Retained Earnings | 4,500,000 | |
Sales Revenue | 25,000,000 | |
Cost of Goods Sold | 13,000,000 | |
Salaries Expense | 3,500,000 | |
Rent Expense | 1,200 | Prepare the adjusted trial balance for Costco Wholesale Corporation's as of December 31, 2023.
FullscreenBoldItalicUnderlineStrikethroughSubscriptSuperscriptFont Family
|
GE's trial balance as of December 31, 2023, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 1,500,000 | |
Accounts Receivable | 2,800,000 | |
Inventory | 2,200,000 | |
Equipment | 13,500,000 | |
Accumulated Depreciation | 7,500,000 | |
Accounts Payable | 3,800,000 | |
Notes Payable | 13,500,000 | |
Common Stock | 12,500,000 | |
Retained Earnings | 5,500,000 | |
Sales Revenue | 22,500,000 | |
Cost of Goods Sold | 14,500,000 | |
Salaries Expense | 3,890,000 | |
Rent Expense | 1,600,000 |
Prepare the adjusted trial balance for GE as of December 31, 2023.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started