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Visa Inc.'s trial balance as of December 31, 2023, is as follows: Account Debit ($) Credit ($) Cash 80,000 Accounts Receivable 140,000 Inventory 95,000 Equipment
Visa Inc.'s trial balance as of December 31, 2023, is as follows:
Account | Debit ($) | Credit ($) |
Cash | 80,000 | |
Accounts Receivable | 140,000 | |
Inventory | 95,000 | |
Equipment | 700,000 | |
Accumulated Depreciation | 350,000 | |
Accounts Payable | 150,000 | |
Notes Payable | 300,000 | |
Common Stock | 400,000 | |
Retained Earnings | 150,000 | |
Sales Revenue | 900,000 | |
Cost of Goods Sold | 600,000 | |
Salaries Expense | 150,000 | |
Rent Expense | 50,000 |
Prepare the adjusted trial balance for Visa Inc. as of December 31, 2023.
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