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General Electric Company provides the following account balances at December 31, 2024: Cash: $80,000 Accounts Receivable: $40,000 Inventory: $100,000 Accounts Payable: $60,000 Long-term Debt: $200,000

General Electric Company provides the following account balances at December 31, 2024:

  • Cash: $80,000
  • Accounts Receivable: $40,000
  • Inventory: $100,000
  • Accounts Payable: $60,000
  • Long-term Debt: $200,000
  • Common Stock: $150,000
  • Retained Earnings: $120,000 Prepare a trial balance as of December 31, 2024.

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