SlideShare a Scribd company logo
On July 2, Cardinal Corp., a public company, ships merchandise costing $ 460,000 on
consignment to Dolphin Stores. Cardinal pays the freight of $ 10,000. Upon sale, Dolphin Stores
will receive a 12% commission and a 6% allowance to offset its advertising expenses. At the end
of the month, Dolphin notifies Cardinal that 50% of the merchandise has been sold for $
560,000.
Required:
Record the journal entries required by the two companies to account for this consignment. If
there is no journal entry, please indicate "no entry"

More Related Content

More from vinodagrawal6699

Pleae help me with this C++ task to the required result by edit or f.pdf
Pleae help me with this C++ task to the required result by edit or f.pdfPleae help me with this C++ task to the required result by edit or f.pdf
Pleae help me with this C++ task to the required result by edit or f.pdf
vinodagrawal6699
 
Plasmids do all of the following EXCEPTO have their own initiation.pdf
Plasmids do all of the following EXCEPTO have their own initiation.pdfPlasmids do all of the following EXCEPTO have their own initiation.pdf
Plasmids do all of the following EXCEPTO have their own initiation.pdf
vinodagrawal6699
 
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdfplan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
vinodagrawal6699
 
Physicians� Hospital has the following balances on December 31, 2024.pdf
Physicians� Hospital has the following balances on December 31, 2024.pdfPhysicians� Hospital has the following balances on December 31, 2024.pdf
Physicians� Hospital has the following balances on December 31, 2024.pdf
vinodagrawal6699
 
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdfPeter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
vinodagrawal6699
 
Philip Brickell, a forty-three-year-old employee of the London Under.pdf
Philip Brickell, a forty-three-year-old employee of the London Under.pdfPhilip Brickell, a forty-three-year-old employee of the London Under.pdf
Philip Brickell, a forty-three-year-old employee of the London Under.pdf
vinodagrawal6699
 
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdfPeriferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
vinodagrawal6699
 
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdfpaypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
vinodagrawal6699
 
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdfPaul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
vinodagrawal6699
 
Party Supply Inc. a calender year corporation, took a physical inven.pdf
Party Supply Inc. a calender year corporation, took a physical inven.pdfParty Supply Inc. a calender year corporation, took a physical inven.pdf
Party Supply Inc. a calender year corporation, took a physical inven.pdf
vinodagrawal6699
 
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdfParte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
vinodagrawal6699
 
PART I Think about the best and worst companies you know. What is e.pdf
PART I Think about the best and worst companies you know. What is e.pdfPART I Think about the best and worst companies you know. What is e.pdf
PART I Think about the best and worst companies you know. What is e.pdf
vinodagrawal6699
 
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdfPart AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
vinodagrawal6699
 
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdfParann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
vinodagrawal6699
 
Over many generations, two populations of the same species diverge i.pdf
Over many generations, two populations of the same species diverge i.pdfOver many generations, two populations of the same species diverge i.pdf
Over many generations, two populations of the same species diverge i.pdf
vinodagrawal6699
 
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdf
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdfPara la toma de decisiones no rutinarias, los altos directivos conf�.pdf
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdf
vinodagrawal6699
 
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdfP5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
vinodagrawal6699
 
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdfP1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
vinodagrawal6699
 
P(A) = 0,75 �Cu�l de las siguientes afirmaciones es verdadera A. .pdf
P(A) = 0,75  �Cu�l de las siguientes afirmaciones es verdadera  A. .pdfP(A) = 0,75  �Cu�l de las siguientes afirmaciones es verdadera  A. .pdf
P(A) = 0,75 �Cu�l de las siguientes afirmaciones es verdadera A. .pdf
vinodagrawal6699
 
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdfP.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
vinodagrawal6699
 

More from vinodagrawal6699 (20)

Pleae help me with this C++ task to the required result by edit or f.pdf
Pleae help me with this C++ task to the required result by edit or f.pdfPleae help me with this C++ task to the required result by edit or f.pdf
Pleae help me with this C++ task to the required result by edit or f.pdf
 
Plasmids do all of the following EXCEPTO have their own initiation.pdf
Plasmids do all of the following EXCEPTO have their own initiation.pdfPlasmids do all of the following EXCEPTO have their own initiation.pdf
Plasmids do all of the following EXCEPTO have their own initiation.pdf
 
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdfplan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
plan de atenci�n de enfermer�a para Linda Pittmon, una paciente de 7.pdf
 
Physicians� Hospital has the following balances on December 31, 2024.pdf
Physicians� Hospital has the following balances on December 31, 2024.pdfPhysicians� Hospital has the following balances on December 31, 2024.pdf
Physicians� Hospital has the following balances on December 31, 2024.pdf
 
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdfPeter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
Peter arrend� un espacio de oficina comercial al arrendador sobre la.pdf
 
Philip Brickell, a forty-three-year-old employee of the London Under.pdf
Philip Brickell, a forty-three-year-old employee of the London Under.pdfPhilip Brickell, a forty-three-year-old employee of the London Under.pdf
Philip Brickell, a forty-three-year-old employee of the London Under.pdf
 
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdfPeriferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
Periferik tolerans, bariyer bakl i�in neden kritiktir A) Uygun .pdf
 
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdfpaypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
paypal i�in sorular Paypaln profili nedir Kullanm nasl.pdf
 
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdfPaul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
Paul Casey se retir� de la Marina de los EE. UU. en 2013. Recibe una.pdf
 
Party Supply Inc. a calender year corporation, took a physical inven.pdf
Party Supply Inc. a calender year corporation, took a physical inven.pdfParty Supply Inc. a calender year corporation, took a physical inven.pdf
Party Supply Inc. a calender year corporation, took a physical inven.pdf
 
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdfParte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
Parte 1 �Cu�l es el capital contable total de la Entidad A con bas.pdf
 
PART I Think about the best and worst companies you know. What is e.pdf
PART I Think about the best and worst companies you know. What is e.pdfPART I Think about the best and worst companies you know. What is e.pdf
PART I Think about the best and worst companies you know. What is e.pdf
 
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdfPart AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
Part AToday, theUS dollaris trading at 4.60, compared to 4.20 ayea.pdf
 
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdfParann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
Parann d�ng�s� nedir Para d�ng�s�ne kimler katlyor Finansal bir il.pdf
 
Over many generations, two populations of the same species diverge i.pdf
Over many generations, two populations of the same species diverge i.pdfOver many generations, two populations of the same species diverge i.pdf
Over many generations, two populations of the same species diverge i.pdf
 
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdf
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdfPara la toma de decisiones no rutinarias, los altos directivos conf�.pdf
Para la toma de decisiones no rutinarias, los altos directivos conf�.pdf
 
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdfP5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
P5Finning International Inc. ten�a los siguientes saldos en sus c.pdf
 
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdfP1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
P1 En lugar de aliviar los s�ntomas de su enfermedad, la droga en.pdf
 
P(A) = 0,75 �Cu�l de las siguientes afirmaciones es verdadera A. .pdf
P(A) = 0,75  �Cu�l de las siguientes afirmaciones es verdadera  A. .pdfP(A) = 0,75  �Cu�l de las siguientes afirmaciones es verdadera  A. .pdf
P(A) = 0,75 �Cu�l de las siguientes afirmaciones es verdadera A. .pdf
 
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdfP.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
P.1. Lea atentamente el siguiente texto y prepare Resumen en 100 pal.pdf
 

Recently uploaded

MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
goswamiyash170123
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Thiyagu K
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
ShivajiThube2
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
deeptiverma2406
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 

Recently uploaded (20)

MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 

On July 2, Cardinal Corp., a public company, ships merchandise costi.pdf

  • 1. On July 2, Cardinal Corp., a public company, ships merchandise costing $ 460,000 on consignment to Dolphin Stores. Cardinal pays the freight of $ 10,000. Upon sale, Dolphin Stores will receive a 12% commission and a 6% allowance to offset its advertising expenses. At the end of the month, Dolphin notifies Cardinal that 50% of the merchandise has been sold for $ 560,000. Required: Record the journal entries required by the two companies to account for this consignment. If there is no journal entry, please indicate "no entry"