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Compute for REMITTANCE. On March 31, 2009, Pustiso Company consigned 10 units of laptops to Sungki Company. The laptops sell at P40,000 each with a

Compute for REMITTANCE.

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On March 31, 2009, Pustiso Company consigned 10 units of laptops to Sungki Company. The laptops sell at P40,000 each with a cost of P25,000 each. Pustiso Company paid shipping costs of P10,000. Sungki Company also paid reimbursable advertising expenses of P5,000. Six laptops were sold, and a 10% commission was given to Sungki Company. Sungki Company remitted the amount due to Pustiso Company

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