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The adjusted trial balance of Ivanhoe Company for the year ended December 31, 2019, is as follows: Debit Credit $6,000 2,900 6,400 10,200 8,000 Cash

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The adjusted trial balance of Ivanhoe Company for the year ended December 31, 2019, is as follows: Debit Credit $6,000 2,900 6,400 10,200 8,000 Cash Accounts Receivable Notes Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense $300 1,400 1,500 600 16,900 11,000 1,600 13,410 100 7,800 1,400 800 70 40 $45,210 $45,210 Prepare a retained earnings statement. (List items that increase retained earnings first.) Ivanhoe Company Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work

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