Use a tabular summary to record the transactions listed above for Ivanhoe Co.'s books. IvanhoeCo. uses a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.

Ivanhoe Co. had the following transactions during October. 1. On October 8, purchased merchandise on account from Oriole Company for $14,500, terms 2/10, n/30. On October 9, paid freight costs of $430 on merchandise purchased from Oriole Company. 2. 3. On October 11, returned $2,400 of October 8 merchandise to Oriole Company. 4. On October 18, paid the amount due to Oriole Company in full. Use a tabular summary to record the transactions listed above for Ivanhoe Co's books. IvanhoeCo.uses a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Assets Liabilities Accounts Payable Date Cash + Inventory Common: Oct. 00 $ $ $ $ 11 18 Use a tabular summary to record the transactions listed above for Ivanhoe Co's books. Ivanhoe Co. uses a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Stockholders' Equity Retained Earnings Common Stock + Rev. - Exp. Div. $ $ $ Stockholders' Equity Retained Earnings Exp. Div. $ Salaries and wages expense Dividends declared Cost of goods sold Sales revenue