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On May 3, 2025, Ivanhoe Company consigned 80 freezers, costing $540 each, to Metlock Company. The cost of shipping the freezers amounted to $920 and was paid by Ivanhoe Company. On December 30, 2025, a report was received from the consignee, indicating that 40 freezers had been sold for $690 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $200, and total installation costs of $350 on the freezers sold. How much revenue (if any) should Ivanhoe recognize on 5/3/2025? If none enter $0.

What amount of transaction price is allocated to the equipment performance obligation?

What amount of transaction price is allocated to the technical support performance obligation?

Provide brief (one or two sentence) answers to questions 1 to 8. 

Identify the 3 indicators used to distinguish the principal from the agent in a principal/agent revenue contract.

Identify the 5 steps in the revenue recognition process in order.

How much Unearned Revenue will be reported as a liability on the December 31, 2024 balance sheet? If none enter $0

American literary trends changed substantially after the Civil War, ushering in a new era of prose and poetry. What was the principal difference between Gilded Age literature and antebellum literature?    

The Teller Amendment sought to mollify nervous allies by denying any territorial interest in

With respect to package receipt, what is the maximum reading that one may find at the package surface of a package shipped with a White I label?