Business
Business, 21.03.2020 00:02, fhbuvgy7836

Sara consigns goods to Lee Company who charges a 10% commission on consignment sales. Lee sells $750 worth of goods on Sara's behalf. Assuming no other costs of selling, what amount of Accounts Receivable should Sara record from Lee Company for the consignment sales?
a) $0, Sara will record cash
b) $75
c) $675
d) $750

answer
Answers: 3

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Sara consigns goods to Lee Company who charges a 10% commission on consignment sales. Lee sells $750...

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