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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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