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Business, 27.11.2019 00:31 cass9980

On october 20th, grimm co. consigned 40 freezers to holden co. for sale at $1,000 each and paid $800 in transportation costs. on december 30th, holden reported the sale of 10 freezers and remitted $8,500. the remittance was net of the agreed 15% commission. what amount should grimm recognize as consignment sales revenue for the freezers? a. $7,700.b. $8,500.c. $10,000.d. $9,800.

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On october 20th, grimm co. consigned 40 freezers to holden co. for sale at $1,000 each and paid $800...

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