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$ 838 950 640 1,350 16,700 1,100 420 300 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends

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$ 838 950 640 1,350 16,700 1,100 420 300 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land 2,600 1,900 165 165 380 520 940 14.100 3.100 3.000 Land 67 50 Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 1,600 600 265 6.500 1.300 IVANHOE COMPANY Retained Earnings Statement Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 22635

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