CLO5 2 points on Lebanon Corporation shipped JOD20,000 of merchandise consignment to Egypt Company. Lebanon paid freight costs of JOD2,000. Egypt Company paid JOD500 for local advertising, which is reimbursable from Lebanon. By year-end, 60% of the merchandise had been sold for JOD21,500. Egypt notified Lebanon, retained a 10% commission, and remitted the cash due to Lebanon. Prepare Lebanons journal entry when the cash is received. Your