Splish Corporation shipped $19,100 of merchandise on consignment to Gooch Company. Splish paid freight costs of...

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Splish Corporation shipped $19,100 of merchandise on consignment to Gooch Company. Splish paid freight costs of $2,100. Gooch Company paid $460 for local advertising, which is reimbursable from Splish. By year-end, 59% of the merchandise had been sold for $19,500. Gooch notified Splish, retained a 10% commission, and remitted the cash due to Splish. Prepare Splish's journal entry when the cash is received. (Round answers to O decimal places, e.g. 1,525. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Cash Advertising Expense Commission Expense Revenue from Consignment Sales (To record the cash remitted to Splish.) Cash Commission Expense (To record the cost of inventory sold on consignment.) Debit 17090 460 1950 19500 Credit 19500 19500 Splish Corporation shipped $19,100 of merchandise on consignment to Gooch Company. Splish paid freight costs of $2,100. Gooch Company paid $460 for local advertising, which is reimbursable from Splish. By year-end, 59% of the merchandise had been sold for $19,500. Gooch notified Splish, retained a 10% commission, and remitted the cash due to Splish. Prepare Splish's journal entry when the cash is received. (Round answers to O decimal places, e.g. 1,525. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Cash Advertising Expense Commission Expense Revenue from Consignment Sales (To record the cash remitted to Splish.) Cash Commission Expense (To record the cost of inventory sold on consignment.) Debit 17090 460 1950 19500 Credit 19500 19500