<PAGE>
Pricing Supplement No. 24 Filing Under
--- Rule 424(b)(2)
(To Prospectus Supplement dated June 4, 1997
including the Prospectus dated May 21, 1997)
Trade Date: 1/7/98 Registration
------------------- File No.
333-27141
IKON Capital, Inc.
- --------------------------------------------------------------------------------
Medium Term Notes
CUSIP: 45171EAM9
---------------------------------
Principal Amount: $ 30,000,000 Floating Rate Notes: N/A
---------------------- -----------------
Interest Rate (if fixed rate): 5.90% Interest Rate Basis: N/A
-------------- ---------
Interest Payment Date(s): N/A -Commercial Paper Rate:
-------------- ----------
(other than June 15 and December 15) -Prime Rate:
---------------------
Regular Record Date(s): N/A -LIBOR:
---------------- -------------------------
(other than May 31 and November 30) -Treasury Rate:
------------------
Stated Maturity: 01/12/00 -CD Rate:
----------------------- ------------------------
Specified Currency: US DOLLARS -Federal Funds Rate:
-------------------- --------------
Applicable Exchange Rate (if any): N/A -Other:
----- ------------------------
US Dollar $1.00 = N/A
-------------------
Issue Price (as a percentage of
principal amount): 100% Index Maturity: N/A
-------- --------------------
Selling Agent:
-Lehman Brothers:
---------------- Spread: N/A
-Chase Securities, Inc.: -----------------------------
--------- Spread Multiplier: N/A
-Goldman, Sachs & Co: ------------------
------------ Maximum Interest Rate: N/A
-Merrill Lynch & Co: X --------------
------------- Minimum Interest Rate: N/A
-Other: --------------
-------------------------- Initial Interest Rate: N/A
--------------
Selling Agent's Commission (%): .25% Interest Reset Date(s)
-------- (if semi-annually or annually):
Purchasing Agent: N/A
---------------------- ----------------------------------
Purchasing Agent's Discount or Third Wednesday of: N/A
Commission (%): N/A -------------
--------------------- Interest Reset Date (if weekly,
Type of Sale: monthly, or quarterly):
As Agent: X As Principal: -------
---- ---- Interest Determination Date(s): N/A
Net proceeds to the Company:$29,925,000 -----
----------- Calculation Date(s): N/A
Settlement date ----------------
(original issue date):01/12/98 Calculation Agent: N/A
--------------- ------------------
Redemption Commencement Interest Payment Date(s): N/A
Date (if any): N/A -----------
----------------------- (other than June 15 and December 15)
Regular Record Date(s): N/A
Redemption Period: N/A -------------
--------------------- (other than May 31 and November 30)
Interest Reset Period: N/A
Exchange Rate Agent: N/A --------------
-------------------
Original Issue Discount Security;
Yes: No: X
---- ----
Form:
Book Entry: X Certificated
--- ---
Authorized by: /s/ J.F. Quinn
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