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this is first part and i answered it wrong and thats all in the question Prepare the current assets section of the balance shieet for
this is first part and i answered it wrong and thats all in the question
Prepare the current assets section of the balance shieet for Ivanhoe industries on December 31,2024. Alit Cument Ausets in onder of liquldity. Enter account name only and do not provide descriptive information) Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, Plant, and Equipment Shareholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Shareholders' Equity Total Long-Term Investments Total Long-Term Liabilities Total Property, Plant, and Equipment Total Shareholders' Equity Sales returns and allowances 80,000 Short-term investments 40,000 Unearned revenue 20,000 Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, Plant, and Equipment Shareholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Shareholders' Equity Total Long-Term Investments Total Long-Term Liabilities Total Property, Plant, and Equipment Total Shareholders' Equity At December 31, 2024, Ivanhoe Industries reports the following selected accounts from the unadjusted trial balance for its ficst year of operations: Prepare the journal entry to record the bad debt expense on December 31.2024 , assuming the credit manager estimates that 48 of the accounts receivable will become uncollectible. (Credit occount titles are outamatically indented when the amount is entered. Do not indent monualy. if no entry is required, select 'No Entry' for the occount titles and enter Ofor the amounts. List debit entry before. credit entry) Step by Step Solution
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