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The following data, presented in alphabetical order, are taken from the records of Ivanhoe Corporation. Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Allowance for
The following data, presented in alphabetical order, are taken from the records of Ivanhoe Corporation. Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Allowance for doubtful accounts Bonds payable (10%, due 2030) Buildings Cash $239,600 140,300 179,900 52,300 6,000 499,400 950,800 41,400 Common stock ($10 par value; 493,900 shares authorized, 149,200 shares issued) 1,492,000 Dividends payable 79,400 Equipment Goodwill Income taxes payable Inventory 274,900 199,400 119,900 170,900 Investment in Mara common stock (30% ownership), at equity 381,000 Investment in Sasse common stock, at fair value 277,200 Land 389,300 Notes payable (due 2023) Paid-in capital in excess of par-common stock Premium on bonds payable Prepaid insurance Retained earnings 70,400 139,600 40,400 15,800 102,900 Short-term investments, at fair value 180,800 The investment in Sasse common stock is considered to be a long-term security. Prepare a classified balance sheet at December 31, 2022. (List assets in order of liquidity. List Property, plant and equipment list in order of land, buildings and equipment.) IVANHOE CORPORATION Balance Sheet Assets +A EA > Liabilities and Stockholders' Equity > > $ $ > $ $
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