Current Attempt in Progress Avanhoe Company began operations on. 1, 2022. The following information is available for Ivanhoe on December 31, 2022. Accounts payable $7.500 Notes payable $14.000 Accounts receivable 5.500 Rent expense 13.500 Advertising expense 4,160 Retained earnings Cash 6,600 Service revenue 33,000 Common stock 18.500 Supplies 5,400 Dividends 6.000 Supplies expense 1,540 Equipment 30,300

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Current Attempt in Progress
Avanhoe Company began operations on.
1, 2022. The following information is available for Ivanhoe on December 31, 2022.
Accounts payable
$7,500
Notes payable
$14.000
Accounts receivable
5,500
Rent expense
13,500
Advertising expense
4,160
Retained earnings
Cash
6,600
Service revenue
33,000
Common stock
18,500
Supplies
5,400
Dividends
6,000
Supplies expense
1,540
Equipment
30,300
Transcribed Image Text:Current Attempt in Progress Avanhoe Company began operations on. 1, 2022. The following information is available for Ivanhoe on December 31, 2022. Accounts payable $7,500 Notes payable $14.000 Accounts receivable 5,500 Rent expense 13,500 Advertising expense 4,160 Retained earnings Cash 6,600 Service revenue 33,000 Common stock 18,500 Supplies 5,400 Dividends 6,000 Supplies expense 1,540 Equipment 30,300
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