On October 1, 2020 Alpha Corp. shipped merchandise costing $60,000 on consignment to Beta Corp. Alpha paid the freight costs of $3,000 for the shippment to Beta. Beta paid $1000 for local advertising, which is reimbursable from Alpha. By year end, 40% of the merchandise has been sold for price of $82,000. On December 31, 2020, Beta notified Alpha, retained an 18% commission, and remitted the cash due to Alpha. Prepare Beta & Alphas journal entry for on December 31, 2020 when Alpha receives the cash owed to them from Beta. Date your journal entry(ies). Label your journal entries Beta or Alpha