Current Attempt in Progress Ivanhoe's Market recorded the following events involving a recent purchase of inventory: (1) (2) ल (4) Received goods for $9,200, terms 2/10, n/30. Returned $184 of the shipment for credit. Paid $46 freight on the shipment. Paid the invoice within the discount period. Use the following tabular analysis to record these transactions. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45). Round answers to O decimal places, e.g. 5,275.) $ Common Stock Rev. Stockholder's Equity Retained Earnings Exp. Div.
Current Attempt in Progress Ivanhoe's Market recorded the following events involving a recent purchase of inventory: (1) (2) ल (4) Received goods for $9,200, terms 2/10, n/30. Returned $184 of the shipment for credit. Paid $46 freight on the shipment. Paid the invoice within the discount period. Use the following tabular analysis to record these transactions. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45). Round answers to O decimal places, e.g. 5,275.) $ Common Stock Rev. Stockholder's Equity Retained Earnings Exp. Div.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Current Attempt in Progress
Ivanhoe's Market recorded the following events involving a recent purchase of inventory:
(1)
(2)
(3)
(4)
Received goods for $9,200, terms 2/10,n/30.
Returned $184 of the shipment for credit.
Paid $46 freight on the shipment.
Paid the invoice within the discount period.
Use the following tabular analysis to record these transactions. (Enter negative amounts using either a negative sign preceding the number
eg.-45 or parentheses eg. (45). Round answers to O decimal places, e.g. 5,275.)
Common Stock
Rev.
Stockholder's Equity
Retained Earnings
Exp.
Div.
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