User Account

All Pages

Calculate her June commission payment

Assignment Help Accounting Basics
Reference no: EM132680829

Question - Alisa Chambers is paid a monthly commission of 10% on the value of the company's goods sold. The company provides her with a mid-month advance of $2,000.00 on the 15th of every month. In June, she sold $125,675.00 of goods. Calculate her June 30 commission payment.

Reference no: EM132680829

Questions Cloud

Ow does given impact the development of new technologies : In the 21st century, what is the relationship between sustainability and human rights? How does this impact the development of new technologies?
Determine net equity flow for operations in year : A corporation wishes to establish, Determine Net equity flow, the return on equity, the return of equity three values for operations in year 1
What is the reaction order with respect to each reactant : What is the reaction order with respect to each reactant and Express the rate in terms of changes in concentration with lime for each of the components
Discuss a total rewards plan for a chosen organization : Discuss a total rewards plan for a chosen organization and how the total rewards plan impacts quality employee selection and retention. Consider the type.
Calculate her June commission payment : Alisa Chambers is paid a monthly commission of 10% on the value of the company's goods sold. Calculate her June commission payment
Determine ava net income from business for tax purposes : Ava Miller has just completed the second year of operating, Determine Ava's net income from business for tax purposes for 2020 taxation year.
Main factors that affect epigenics : What do you think are the main factors that affect epigenics? How was epigenics discovered?
Develop an academic poster about leadership behaviour : Develop an Academic Poster about Leadership Behaviour and Styles which can be used to educate and inform managers about the different aspects of effective.
What does electrophoresis do : 1. What does electrophoresis do? 2. Why would a forensic scientist use it?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The fasb and the iasb allowed companies

Recently, the FASB and the IASB allowed companies the option of recognizing in their financial statements the fair values of their long-term debt.

  What is the minimum sales growth

Currently you are selling 650 units. Selling price is $ 70 per unit & the variable cost is $ 45 per unit. What is the minimum sales growth

  Calculate the number of orders that will be placed each year

EOQ for a retailer. The Fabric World sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth.

  Contribution needed to get caruso to that next category

Caruso Company's SUTA rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less than 10% category [(contributions - benefits paid) ÷ average payroll = $93,500 ÷ $971,500 = 9.62%].

  Financial and managerial accounting

Assume Amy Filler has just been promoted to product manager at Kraft Foods. Although she is an accomplished sales representative and well versed in market research, her accounting background is limited to reviewing her paycheck, balancing her chec..

  Prepare an income statement for the lincoln company

Prepare an income statement for the month using the variable costing method. Prepare an income statement for the month using the absorption costing method.

  Post-closing trial balance does not include any revenues

The post-closing trial balance does not include any revenues, expenses, or dividends, because these accounts are permanent accounts.

  What is the purpose of taxes

What is the purpose of taxes, to raise money for governmental operations or is to be a factor of social policy

  Differences in approach between the two businesses

Describe what this information indicates about the differences in approach between the two businesses. If one of them prides itself on personal service and one of them on competitive prices, which do you think is which and why?

  Prepared a detailed Schedule of Costs of Goods Manufactured

nnapolis Company manufactures quality boating apparel. Use this information to prepared a detailed Schedule of Costs of Goods Manufactured for FY 2018

  What determines the price of a share of stock

What determines the price of a share of stock? Discuss the importance of the PE ratio using a stock you choose to illustrate

  Discuss what are the advantages of budgeting

What is a master budget. What are some underlying budgets that form the master budget. What are the advantages of budgeting

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd