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Presented here are selected transactions for the Ivanhoe Company during April. Ivanhoe uses the perpetual inventory system April 1 Sold merchandise to Mann Company for

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Presented here are selected transactions for the Ivanhoe Company during April. Ivanhoe uses the perpetual inventory system April 1 Sold merchandise to Mann Company for $5,600, terms 2/10, 1/30. The merchandise sold had a cost of $2,700. 2 Purchased merchandise from Wild Corporation for $8,600, terms 1/10, 1/30. 4 Purchased merchandise from Ryan Company for $900, 1/30. 10 Receed payment from Mann Company for purchase of April 1 less appropriate discount. 11 Paic Corporation for April 2 purchase. Journalize the April transactions for Ivanhoe Company. (Credit account titles are automatically indented when the amount is entered. Do not problem) any. (Creditor Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of good sold) (To record cost of good sold)

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