Question 3 of 5 < -19 View Policies Current Attempt...
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Question of View Policies Current Attempt in Progress Ivanhoe Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Crane Company employees. The total cruise package price to Crane Company employees is $ Ivanhoe Inc. receives a commission of of the total price. Ivanhoe Inc. therefore remits $ to ShipAway. Prepare the journal entry to record the receipt of payment of $ from employees for the cruise packages and the remittance and revenue recognized by Ivanhoe Inc. on this transaction Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries
Question of
View Policies
Current Attempt in Progress
Ivanhoe Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Crane Company employees. The total cruise package price to Crane Company employees is $ Ivanhoe Inc. receives a commission of of the total price. Ivanhoe Inc. therefore remits $ to ShipAway.
Prepare the journal entry to record the receipt of payment of $ from employees for the cruise packages and the remittance and revenue recognized by Ivanhoe Inc. on this transaction Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter O for the amounts. List all debit entries
before credit entries
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