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Given the following information, prepare a trial balance for General Electric Company as of December 31, 2023: Account Debit ($) Credit ($) Cash $35,000,000 Accounts

Given the following information, prepare a trial balance for General Electric Company as of December 31, 2023:

Account

Debit ($)

Credit ($)

Cash

$35,000,000


Accounts Receivable

$40,000,000


Inventory

$25,000,000


Equipment

$100,000,000


Accumulated Depreciation


$45,000,000

Accounts Payable


$30,000,000

Notes Payable


$80,000,000

Common Stock


$90,000,000

Retained Earnings


$63,000,000

Sales Revenue


$120,000,000

Cost of Goods Sold

$60,000,000


Operating Expenses

$30,000,000


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