Stockholders' Equity Retained Earnings Common Stock Rev. Exp $ $ $ tA tA Use a tabular summary to record the following transactions for Ivanhoe Company using a perpetual inventory system. On March 2, Ivanhoe Company sold $882,900 of merchand ise to Pharoah Company on account. The cost of the merchandise sold was $527,900. (a) On March 6, Pharoah Company returned $ 107,600 of the merchandise purchased on March 2. The cost of the merchandise returned was $66,800. (b) (c) On March 12, Ivanhoe Company received the balance due from Pharoah Company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets Liabilities Accts. Pay. Cash Accts. Rec. Inv. Commor + 2 $ $ $ $ $ a) Mar b) 6 c) 12