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The following accounts appeared on the trail balance of Ivanhoe Company at December 31, 2020. Accounts Receivable Prepaid Insurance Common Stock Unappropriated Retained Earnings Inventory
The following accounts appeared on the trail balance of Ivanhoe Company at December 31, 2020. Accounts Receivable Prepaid Insurance Common Stock Unappropriated Retained Earnings Inventory Land Notes Payable (short-term) Accumulated Depreciation - Bldg. Supplies Salaries and Wages Payable Debt Investments (long-term) Cash Bonds Payable Due 1/1/2028 Allowance for Doubtful Accts. Copyrights Notes Receivable (due in 6 months) Income Taxes Payable Preferred Stock Appropriated Retained Earnings $195,000 830,000 40,000 25,000 230,000 110,000 1,200,000 7,500 185,000 140,000 165,000 800,000 240,000 $530,000 51,000 1,225,000 290,000 1,680,250 450,000 71,000 5,300 1,000,000 480,000 170,000 Trading Securities Interest Payable Buildings Accounts Payable Additional Paid-in Capital Compute each of the following: 1. Total current assets 2. $ $ $ Total property, plant, and equipment Total assets $ 3. 4. Total current liabilities $ 5. Total stockholders' equity $
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