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4. Jansen Corporation shipped $20,000.00 of merchandise on consignment to Gooch Company. Jansen paid freight costs of $2,000.00. By year-end, 60.00% of the merchandise had
4. Jansen Corporation shipped $20,000.00 of merchandise on consignment to Gooch Company. Jansen paid freight costs of $2,000.00. By year-end, 60.00% of the merchandise had been sold for $21,500.00. Gooch notified Jansen, retained a 10.00% commission, and remitted the cash due to Jansen What will be Jansen's general journal entry when the cash is received? (check figure: Cash account- $19,350.00 debit)
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