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Brief Exercise 18-17 Novak Corporation shipped $20,300 of merchandise on consignment to Gooch Company. Novak paid freight costs of $2,200. Gooch Company paid $500 for

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Brief Exercise 18-17 Novak Corporation shipped $20,300 of merchandise on consignment to Gooch Company. Novak paid freight costs of $2,200. Gooch Company paid $500 for local remitted the cash due to Novak. and Round answers to O decimal places .o 1s25, Credi accouet Nes are autoially amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) To record the cash remitted to Novak.) (To record the cost of inventory sold on consignment.) Click if you would like to Show Work for this question: Open Show Work

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