Business, 05.05.2020 06:55 kiaragoodman7117

On August 5, 2018, Crane Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $230 each. The cost of shipping the dining sets amounted to $2400 and was paid for by Crane Furniture. On December 30, 2018, the consignee reported the sale of 20 dining sets at $730 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $480, and installation and setup costs of $660.

The amount cash received by Crane furniture is:

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On August 5, 2018, Crane Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. T...

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