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General Electric Company's trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 850,000 Accounts Receivable 1,500,000 Inventory 950,000

General Electric Company's trial balance as of December 31, 2023, is as follows:

Account

Debit ($)

Credit ($)

Cash

850,000


Accounts Receivable

1,500,000


Inventory

950,000


Equipment

5,550,000


Accumulated Depreciation


3,500,000

Accounts Payable


1,200,000

Notes Payable


5,500,000

Common Stock


5,500,000

Retained Earnings


1,200,000

Sales Revenue


11,500,000

Cost of Goods Sold

6,500,000


Salaries Expense

1,400,000


Rent Expense

450,000


Prepare the adjusted trial balance for General Electric Company as of December 31, 2023.

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