How much was the remittances underpayment from the consignee


Problem

On October 1, 2021, the company consigned 40 freezers to BB Company costing P15,000 each for sale at P20,500 each and paid P14,000 in transportation costs. On December 30, 2021, BB company reported the sale of 11 freezers and remitted P200,000. All remittances should be net of the agreed 15% commission

Task

How much was the remittance's underpayment/(overpayment) from the consignee?

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Financial Accounting: How much was the remittances underpayment from the consignee
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