Pickle Company is a consignee company that sells goods for other companies. During 2021, they received goods from Corn Company costing $400,000. Pickle spent $10,000 on advertising and $1,000 on freight to get the goods to their store, both being reimbursed by Corn upon remittance. A 10% commission is paid on goods sold. 50% of the goods were sold by Pickle in 2021 for $800,000.

Record all necessary entries on the books of Corn (the consignor) for the goods sent, sold, and cash remitted.

Answer rating: 100% (QA)

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