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Tesla, Inc. has provided the following balance sheet information as of December 31, 2023: Account Amount Cash $1,000,000 Accounts Receivable $1,200,000 Inventory $800,000 Prepaid Expenses

Tesla, Inc. has provided the following balance sheet information as of December 31, 2023:

Account

Amount

Cash

$1,000,000

Accounts Receivable

$1,200,000

Inventory

$800,000

Prepaid Expenses

$400,000

Property, Plant, and Equipment

$5,000,000

Accumulated Depreciation

$1,500,000

Accounts Payable

$700,000

Short-term Notes Payable

$500,000

Long-term Debt

$3,000,000

Common Stock

$2,500,000

Retained Earnings

$1,700,000

Prepare the balance sheet for Tesla, Inc. as of December 31, 2023.

 

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