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Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, eg 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, L. (25.23%) Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings $65,000 Total 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) Liabilities and Stockholders' Equity Accounts payable $183,000 $3,134,000 88,000 599,000 1,784,000 480,000 $3,134,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 2026 % % % % % % $42,000 324,000 251.000 589,000 20,000 2,509,000 (1,007,000) $2.728.000 $346,000 76,000 486,000 1,524,000 296.000 $2,728.000 2025

Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, eg 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, L. (25.23%) Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings $65,000 Total 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) Liabilities and Stockholders' Equity Accounts payable $183,000 $3,134,000 88,000 599,000 1,784,000 480,000 $3,134,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 2026 % % % % % % $42,000 324,000 251.000 589,000 20,000 2,509,000 (1,007,000) $2.728.000 $346,000 76,000 486,000 1,524,000 296.000 $2,728.000 2025

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Presented below are the comparative balance sheets for Ivanhoe Company. Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings (a) IVANHOE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2026 AND 2025 Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings Total $65,000 362,000 Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, e.g. 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, i.e. (25.21%) 414,000 609,000 Liabilities and Stockholders' Equity Accounts payable 20,000 2,860,000 (1,196,000) $3,134,000 $183,000 88,000 599,000 1,784,000 480,000 December 31 $3,134,000 2026 $65,000 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) $3,134,000 $183,000 88,000 599,000 1,784,000 480,000 $3,134,000 2025 $42,000 324,000 251,000 589,000 2026 20,000 2,509,000 (1.007.000) $2,728,000 $346,000 76,000 486,000 1,524,000 296,000 $2,728,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 % % % % % % % $42,000 % 324,000 251,000 % (1,007,000) 589,000 20,000 2,509,000 $2,728,000 $346,000 76,000 486,000 1,524,000 296,000 % $2,728,000 2025 % % % % % % % % % % % % %
Transcribed Image Text:Presented below are the comparative balance sheets for Ivanhoe Company. Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings (a) IVANHOE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2026 AND 2025 Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings Total $65,000 362,000 Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, e.g. 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, i.e. (25.21%) 414,000 609,000 Liabilities and Stockholders' Equity Accounts payable 20,000 2,860,000 (1,196,000) $3,134,000 $183,000 88,000 599,000 1,784,000 480,000 December 31 $3,134,000 2026 $65,000 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) $3,134,000 $183,000 88,000 599,000 1,784,000 480,000 $3,134,000 2025 $42,000 324,000 251,000 589,000 2026 20,000 2,509,000 (1.007.000) $2,728,000 $346,000 76,000 486,000 1,524,000 296,000 $2,728,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 % % % % % % % $42,000 % 324,000 251,000 % (1,007,000) 589,000 20,000 2,509,000 $2,728,000 $346,000 76,000 486,000 1,524,000 296,000 % $2,728,000 2025 % % % % % % % % % % % % %
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