Given the following account information for Ivanhoe Corporation. Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equipment Prepaid Advertising Service Revenue Buildings Supplies Income Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr. - Building 60,000 2,600 570 ? 36,820 137,000 104,000 76,000 30,000 71,000 12,000 4,900 330,000 81,000 1,900 2,800 1,400 1,700 54,000 950 13,500

Given the following account information for Ivanhoe Corporation. Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equipment Prepaid Advertising Service Revenue Buildings Supplies Income Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr. - Building 60,000 2,600 570 ? 36,820 137,000 104,000 76,000 30,000 71,000 12,000 4,900 330,000 81,000 1,900 2,800 1,400 1,700 54,000 950 13,500

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 32BEB

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