On May 3, 2025, Sheridan Company consigned 60 freezers, costing $480 each, to Sunny Company....
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On May 3, 2025, Sheridan Company consigned 60 freezers, costing $480 each, to Sunny Company. The cost of shipping the freezers amounted to $810 and was paid by Sheridan Company. On December 30, 2025, a report was received from the consignee, indicating that 30 freezers had been sold for $790 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $210, and total installation costs of $350 on the freezers sold.
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