Current Attempt in Progress Your answer is partially correct The following transactions are for Ivanhoe Company 1 On December 2, Ivanhoe Company sold $430.000 of merchandise to Orice Coonant. The end of the was $283.800 2 On December Oriole Co returned $21.500 of merchandise purchased on Decamier 3 The of the 111 On December 13. Ivanhoe Company received the balance due from Oriole Co Question 2 of 6 > Date Cash Accts Rec + try Dec. 3 $ Textbook and Media 404500 21500 06/4 1 Ad Quest 2 of 6 Common Stock New 5 Textbook and Media List of Accounts Chapter 6 Homework esc Question 2 of 6 < 0.6/4 The following transactions are for Ivanhoe Company. 1. On December 3, Ivanhoe Company sold $430,000 of merchandise to Oriole Co. on account. The cost of the merchandise sold was $283,800. 2. 3. On December 8, Oriole Co. returned $21.500 of merchandise purchased on December 3. The cost of the goods was $13.760. On December 13, Ivanhoe Company received the balance due from Oriole Co. Prepare a tabular summary to record these transactions for Ivanhoe Company using a perpetual inventory system. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg (453) Common Stock Rev #3 " a d 24 Stockholders' Equity Retained Earnings $ 64 % 5 dtv 66 Exp & 7 " Accountreate Cast of gods sold Dil 16 " .8 a 0 P Question 2 of 6 esc Common Stock Rev. 00000 Retained Earnings 0.6/4 1 Exp. Accounts recievable eTextbook and Media List of Accounts Save for Later 12 dtv * 1 2 80 1 #3 $ 14 % 55 66 & Cost of goods s Sales returns & allowances Cost of goods Sales revenue Assistance Used Attempts 1 of 3 used Submit Ar 8 = 7 " 8 Y U B = 8 " 2 66 0 0 Aa a