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Given the following information, prepare a trial balance for General Electric Company as of December 29, 2023: Account Debit ($) Credit ($) Cash $38,000,000 Accounts

Given the following information, prepare a trial balance for General Electric Company as of December 29, 2023:

Account

Debit ($)

Credit ($)

Cash

$38,000,000


Accounts Receivable

$43,000,000


Inventory

$28,000,000


Equipment

$110,000,000


Accumulated Depreciation


$48,000,000

Accounts Payable


$33,000,000

Notes Payable


$83,000,000

Common Stock


$92,000,000

Retained Earnings


$65,000,000

Sales Revenue


$140,000,000

Cost of Goods Sold

$62,000,000


Operating Expenses

$34,000,000


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