The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Waldo
courses/35504/assignments/3714927 Assignment sent to Gradebook. Your grade is being recorded Mon, May 4, 2020,5.39:15 PM (America/New York-04:00) Question 5 View Policies Show Attempt History Current Attempt in Progress Your Answer Correct Answer - Your answer is partially correct. Ivanhoe Company has collected the following information related to its December 31, 2022, balance sheet. Accounts receivable $25,000 Equipment Inventory Accumulated depreciation-equipment 49,600 $178,500 65,500 8.900 Cash 17.000 Supplies Stock investments (long-term) 1,800 Goodwill 5,000 Prepare the assets section of Ivanhoe Company's balance sheet. (List Current Assets in order of liquidity) IVANHOE COMPANY Balance Sheet (partial) December 31, 2022 Assets com courses/35504/assignments/3714927 Assets Current Assets Cash 17000 Accounts Receivable 25000 Inventory 65500 supplies SPOO Total Current Assets 116400 Long-term Investments Stock Investments Property, Plant and Equipment Equipment Less : Intangible Assets Total Assets Tamilopi courses/35504/assignments/3714927 Assignment sent to Gradebook. Your grade is being recorded Mon, May 4, 2020,5.39:15 PM (America/New York-04:00) Question 5 View Policies Show Attempt History Current Attempt in Progress Your Answer Correct Answer - Your answer is partially correct. Ivanhoe Company has collected the following information related to its December 31, 2022, balance sheet. Accounts receivable $25,000 Equipment Inventory Accumulated depreciation-equipment 49,600 $178,500 65,500 8.900 Cash 17.000 Supplies Stock investments (long-term) 1,800 Goodwill 5,000 Prepare the assets section of Ivanhoe Company's balance sheet. (List Current Assets in order of liquidity) IVANHOE COMPANY Balance Sheet (partial) December 31, 2022 Assets com courses/35504/assignments/3714927 Assets Current Assets Cash 17000 Accounts Receivable 25000 Inventory 65500 supplies SPOO Total Current Assets 116400 Long-term Investments Stock Investments Property, Plant and Equipment Equipment Less : Intangible Assets Total Assets Tamilopi