Christmas articles-sells christmas trees

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Reference no: EM13863688

On the 5 of December, “Christmas Articles” (a company that sells Christmas trees) sent 15 trees on consignation to another company named “Bazar Navideño”. The cost of each tree its $500, “Christmas Articles” sends the trees with a fixed price of $900 and they should sell at $1500 each, with a 10% commission over the selling price.

On the 18 of December, 8 trees were sold, receiving cash for 5 of them, so 3 of them were sold at credit.

On the 20 of December, bills are delivered by sending the total cash on hand after substracting the agreed commission.

A) Record what corresponds to " Christmas articles , SA de CV " for the operation on 20 December.

B ) Record what corresponds to BazarNavideño , SAdeC.V . for the " operation on December 20 .

Reference no: EM13863688

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