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Current Attempt in Progress Presented below is the trial balance of Ivanhoe Corporation at December 31, 2020. Debit Credit Cash $ 201,180 Sales $ 8,104,150

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Current Attempt in Progress Presented below is the trial balance of Ivanhoe Corporation at December 31, 2020. Debit Credit Cash $ 201,180 Sales $ 8,104,150 157,150 4.800.000 303,180 281.180 Debt Investments (trading) at cost $145,000) Cost of Goods Sold Debt Investments (long-term Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue 94 150 459.150 2004 150 67.230 Land 264.150 Buildings 1044 180 Dividends Payable 140.180 100,150 439.150 152.000 Accrued Liabilities Accounts Receivable Accumulated Depreciation Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory 29.150 904230 215 230 601.180 Gain 84230 Notes Payable (long-term) Equipment 904.180 604.150 Bonde Pavah 1 TO Bonds Payable 1,004,180 Accumulated Depreciation Equipment 60,000 Franchises 160,000 Common Stock ($5 par) 1,004,150 Treasury Stock 195.150 Patents 195.000 82,180 Retained Earnings Pald-in Capital in Excess of Par 84,180 Totals $ 12,369.260 $12369.260 Prepare a balance sheet at December 31, 2020, for Ivanhoe Corporation. Ignore income taxes). (List Current Assets in order of liquidity, List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) IVANHOE CORPORATION Balance Sheet December 31, 2020 Assets Current Assets Cash 201180 Debt investments 157.150 Accounts Recewable $ 3.150 Less Allowance for Doubtful Accounts 29 150 Inventory 603.180 Total Current Assets Lore-term investments Debt investments 300 to Equity Investments 281.180 Total Long-term Investments Property. Plant and Equipment Land 264. 150 Buildings 1.044,180 Less Accumulated Depreciation Equipment 152000 Accumulated Depreciation Equipment Les : Accumulated Depreciation Buildings Total Property. Plant and Equipment Intangible Assets Franchises Patents Total Intangible Assets Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Dividends Payable Accrued abilities Current Liabilities Long-term Liabilities 2 Notes Payable Bonds Payable Total Long-term Llabilities Total Liabilities Stockholders'Equity Pald-in Capital Common Stock Additional Paid in Capital retai Total Pald-in Capital and Retained Earnings Less : Treas Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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