Question: please fill the balnce sheet out!! Current Attempt in Progress Ivanhoe Company has decided to expand its operations. The bookkeeper recently completed the following balance


Current Attempt in Progress Ivanhoe Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to obtain additional funds for expansion IVANHOE COMPANY BALANCE SHEET FOR THE YEAR ENDED 2020 Current assets Cash $239,000 349,000 410.000 149.000 Accounts receivable (net) Inventory flower-of-average-cost-or-market) Equity investments (marketable)-at cost (fair value $129,000) Property, plant, and equipment Buildings (net) Equipment (net) Land held for future use Intangible assets 579.000 169.000 184000 Goodwill 89.000 99,000 21.000 144000 134.000 91.000 58.000 Cash surrender value of life insurance Prepaid expenses Current liabilities Accounts payable Notes payable (due next year) Pension obligation Rent payable Premium on bonds payable Long-term liabilities Bonds payable Stockholders' equity Common stock $1.00 par, authorized 400,000 shares, issued 299.000 Additional paid-in capital Retained earnings 62.000 509,000 299.000 169,000 Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $169,000 and for the equipment, $114.000. The allowance for doubtful accounts has a balance of $26.000. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity List Property. Plent and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question) IVANHOE COMPANY Balance Sheet Assets > Liabilities and Stockholders' Equity V >
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