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URCES Exercise 2-05 These items are taken from the financial statements of Ivanhoe Company at December 31, 2022. - Study Buildings Accounts receivable Prepaid insurance

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URCES Exercise 2-05 These items are taken from the financial statements of Ivanhoe Company at December 31, 2022. - Study Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $114,264 13,608 3,456 12,787 88,992 66,096 842 5,724 2,808 64,800 43,199 49,248 10,260 101,088 20,218 3,888 15,876 CALCRAIG PRINTER V ON BACK NEXT Prepare a classified balance sheet. Assume that $14,688 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of land, Buildings and Equipment.) SOURCES IVANHOE COMPANY Balance Sheet by Study CALCULATOR PRINTER VERSION ESOURCES by Study Liabilities and Stockholders' Equity s by Study

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