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Wayne Holtz is the bookkeeper for Ivanhoe Company. Wayne has been trying to get the balance sheet of Ivanhoe Company to balance. It finally balanced,
Wayne Holtz is the bookkeeper for Ivanhoe Company. Wayne has been trying to get the balance sheet of Ivanhoe Company to balance. It finally balanced, but now he's not sure it is correct. Ivanhoe Company Balance Sheet December 31, 2022 Liabilities and Stockholders' Equity Assets Cash $15,500 Accounts payable $17,000 Supplies 9.900 Accounts receivable (12,000) Equipment Dividends 38,000 Common stock 39.000 7,600 Retained earnings 27,000 Total assets $71,000 Total liabilities and stockholders' equity $71,000 Cash Supplies Equipment Dividends Total Assets IVANHOE COMPANY Balance Sheet For the Year Ended December 31, 2022 Assets Stockholders' Equity Common Stock Liabilities Liabilities and Stockholders' Equity Stockholders' Equity Common Stock Liabilities and Stockholders' Equity Liabilities Accounts Payable Accounts Receivable
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