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Business, 03.04.2020 05:17 kaidencearley

On August 5, 2021, Sandhill Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $310 each. The cost of shipping the dining sets amounted to $3200 and was paid for by Sandhill Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $810 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $560, and installation and setup costs of $740. The amount cash received by Sandhill furniture is

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On August 5, 2021, Sandhill Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc...

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