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The current assets and current liabilities sections of the balance sheet of Ivanhoe Co. appear as follows Ivanhoe Co. Balance Sheet (Partial) As of December

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The current assets and current liabilities sections of the balance sheet of Ivanhoe Co. appear as follows Ivanhoe Co. Balance Sheet (Partial) As of December 31, 2017 Cash $19,000 Accounts payable $29,200 13,400 2,000 $44,600 Notes payable $40,200 3,100 Accounts receivable Less: Allowance for doubtful accounts Inventory Prepaid expenses Total current assets 37,100 Unearned revenue Total current liabilities 62,400 6,800 $125,300 The following errors in the corporation's accounting have been discovered: 1. Keane collected $4,100 on December 20, 2017 as a down payment for services to be performed in January, 2018. The company's controller recorded 2. The inventory amount reported included $3,200 of merchandise that had been received on December 31, 2017 but for which no purchase invoices the amount as revenue had been received or entered. Of this amount, $900 had been received on consignment; the remainder was purchased f.o.b. destination, terms 2/10 n/30 3. Sales for the first day in January 2018 in the amount of $11,600 were entered in the sales journal as of December 31, 2017. Of these, $5,800 were 4. Cash, collected in December 2017, but entered as received in January 2018 totaled $4,200. Of this amount, $2,842 was received on account after 5, Cash of $3,200 received in January 2018 was entered as received in December 2017. This cash represented the proceeds of a bank loan that 6. January 2018 cash disbursements entered as of December 2017 included payments of accounts payable in the amount of $7,100, on which a cash sales on account and the remainder were cash sales cash discounts of 2% had been deducted; the remainder was collected for cash sales matures in July 2018 discount of 1% was taken Calculate the following adjusted balances. Cash Accounts Receivable Inventory Accounts Payable Notes Payable Unearned Revenue

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