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Carla Vista Corporation shipped $ 2 0 , 1 0 0 of merchandise on consignment to Wildhorse Company. Carla Vista paid freight costs of $
Carla Vista Corporation shipped $ of merchandise on consignment to Wildhorse Company. Carla Vista paid freight costs of $ Wildhorse Company paid $ for local advertising, which is reimbursable from Carla Vista. By yearend, of the merch:andise had beer, sold for $ Wildhorse notified Carla Vista, retained a commission, and remitted the cash due to Carla Vista.
Prepare Carla Vista's journal entry when the cash is received. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.
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