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Netflix, Inc.'s trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 400,000 Accounts Receivable 600,000 Inventory 700,000 Equipment

Netflix, Inc.'s trial balance as of December 31, 2023, is as follows:

Account

Debit ($)

Credit ($)

Cash

400,000


Accounts Receivable

600,000


Inventory

700,000


Equipment

3,500,000


Accumulated Depreciation


1,400,000

Accounts Payable


600,000

Notes Payable


2,000,000

Common Stock


2,200,000

Retained Earnings


440,000

Sales Revenue


6,000,000

Cost of Goods Sold

3,600,000


Salaries Expense

720,000


Rent Expense

240,000


Prepare the adjusted trial balance for Netflix, Inc. as of December 31, 2023.

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