Document3 - Word Mailings Review View Tell me what you want to do... AaBbCedd Aa ?bCcDd AaBbC AaBbCcD AaBbCcl AaBbCedd Aa T Normal 1 No Spac.. Heading 1 Heading 2 Heading 4 Heading 5 Title Paragraph Styles During January 2022, the following transactions occurred. Ivanhoe uses the perpetual inventory method. Jan. 1 Ivanhoe accepted a 4-month, 8% note from Betheny Company in payment of Betheny's $1,200 account. Ivanhoe wrote off as uncollectible the accounts of Walter Corporation ($500) and Drake Company ($300). 3 8 Ivanhoe purchased $15,630 of inventory on account. 11 Ivanhoe sold for $25,500 on account inventory that cost $17,210. 15 Ivanhoe sold inventory that cost $730 to Jack Rice for $1,100. Rice charged this amount on his Visa First Bank card. The service fee charged Ivanhoe by First Bank is 3%. 17 Ivanhoe collected $21,000 from Customers on account. 21 Ivanhoe paid $17,380 on accounts payable