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The completed financial statement columns of the worksheet for Ivanhoe Company are shown as follows:

The completed financial statement columns of the worksheet for Ivanhoe Company are shown as follows: 

Ivanhoe Company Worksheet For the Year Ended December 31, 2020 

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Prepare an income statement.  

Prepare owner's equity statement.

Prepare the closing entries.

Prepare the closing entries. 

Post the closing entries and balance the accounts. 

Post the closing entries and balance the accounts. 

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