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Given the following information, prepare a trial balance for Tesla, Inc. as of December 31, 2023: Account Debit ($) Credit ($) Cash $28,000,000 Accounts Receivable
Given the following information, prepare a trial balance for Tesla, Inc. as of December 31, 2023:
Account | Debit ($) | Credit ($) |
Cash | $28,000,000 | |
Accounts Receivable | $33,000,000 | |
Inventory | $23,000,000 | |
Equipment | $83,000,000 | |
Accumulated Depreciation | $38,000,000 | |
Accounts Payable | $25,000,000 | |
Notes Payable | $63,000,000 | |
Common Stock | $78,000,000 | |
Retained Earnings | $56,000,000 | |
Sales Revenue | $110,000,000 | |
Cost of Goods Sold | $52,000,000 | |
Operating Expenses | $28,000,000 |
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