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. Tesla, Inc.'s trial balance as of December 31, 2024, is as follows: Account Debit ($) Credit ($) Cash 7,000,000 Accounts Receivable 14,000,000 Inventory 12,000,000
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Tesla, Inc.'s trial balance as of December 31, 2024, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 7,000,000 | |
Accounts Receivable | 14,000,000 | |
Inventory | 12,000,000 | |
Equipment | 44,000,000 | |
Accumulated Depreciation | 26,000,000 | |
Accounts Payable | 14,000,000 | |
Notes Payable | 44,000,000 | |
Common Stock | 39,000,000 | |
Retained Earnings | 20,000,000 | |
Sales Revenue | 56,000,000 | |
Cost of Goods Sold | 48,000,000 | |
Salaries Expense | 13,000,000 | |
Rent Expense | 6,000,000 |
Prepare the adjusted trial balance for Tesla, Inc. as of December 31, 2024.
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