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On August 5, 2018, Blossom Furniture shipped 30 dining sets on consignment to Furniture Outlet, Ine. The cost of each dining set was $450 each.
On August 5, 2018, Blossom Furniture shipped 30 dining sets on consignment to Furniture Outlet, Ine. The cost of each dining set was $450 each. The cost of shipping the dining sets amounted to $4600 and was paid for by Blossom Furniture. On December 30, 2018, the consignee reported the sale of 20 dining sets at $950 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $700, and installation and setup costs of $850. The amount cash received by Blossom furniture is $16970 O $17670. O $16090. O $19000
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