Ivanhoe Company buys merchandise on account from Metlock Company. The selling price of the goods is $1,070 and the cost of the goods sold is $785. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies. If no entry is required, select "No Entry" for the account tilies and enter ofor the amounts. Credlt account tities are automatically indented when amount is entered. Do not indent manuallyj