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Ivanhoe Company sold $9,670 of its specialty shelving to Elkins Office Supply Co. on account. Prepare the entries when (a) Ivanhoe makes the sale. (If
Ivanhoe Company sold $9,670 of its specialty shelving to Elkins Office Supply Co. on account. Prepare the entries when (a) Ivanhoe makes the sale. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (b) Ivanhoe grants an allowance of $684 when some of the shelving does not meet exact specifications but still could be sold by Elkins. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (c) at year-end. Ivanhoe estimates that an additional \$215 in allowances will be granted to Elkins. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) eTextbook and Media List of Accounts Attempts: 0 of 3 used
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