points On October 1, 2020 Alpha Corp. shipped merchandise costing $25,000 on consignment to Beta Corp Alpha paid the freight costs of $1.5co for the shipment to Beta Beta paid $2,000 for local advertising, which is reimbursable from Alpha By year end of the merchandise has been sold for price of $11,000 on December 31, 2020, Beta notified Alpha, retained an 22% commission, and remitted the cash due to Alpha Prepare Beta & Alpha's journal entry for on December 31, 2020 when Alpha receives the cash owed to them from Beta Date your journal entries. Label your journal entries Beta or Alpha points On October 1, 2020 Alpha Corp. shipped merchandise costing $25,000 on consignment to Beta Corp Alpha paid the freight costs of $1.5co for the shipment to Beta Beta paid $2,000 for local advertising, which is reimbursable from Alpha By year end of the merchandise has been sold for price of $11,000 on December 31, 2020, Beta notified Alpha, retained an 22% commission, and remitted the cash due to Alpha Prepare Beta & Alpha's journal entry for on December 31, 2020 when Alpha receives the cash owed to them from Beta Date your journal entries. Label your journal entries Beta or Alpha