Discuss commissions are reported with sales force salaries

Assignment Help Accounting Basics

Reference no: EM133371112

Question: Members of the sales force are paid commissions twice a year. Commissions on sales from January - June are paid on July 10th and commissions from July - December are paid on January 10th. No entry has been made for the commissions earned during the last half of 2022. Total sales from July to December were $3,439,800, but only 25.% of those sales were subject to the 7.5% commission. Commissions are reported with Sales Force Salaries.

Reference no: EM133371112

Questions Cloud

What can you do to encourage your peers : What can you do to encourage your peers and draw more people into class discussions? If you do not branch out how does this affect your personhood and progress

How does the buyer of merchandise account for freight-cost : How does the buyer of merchandise account for freight-cost if the shipping terms are FOB-Shipping point? How does the seller of merchandise account for freight

Draw the orthogonal lines on a copy of the photo : Draw the orthogonal lines on a copy of the photo and State which linear perspective is shown in your photo

Why you recommend this company to me to invest : Why you recommend this company to me to invest? Do they have great potentials in their financial performance in future? Make sure you embed the knowledge

Discuss commissions are reported with sales force salaries : Members of the sales force are paid commissions twice a year. Commissions on sales from January - June are paid on July 10th and commissions from July

How do you overcome racial barriers in your community : how do you overcome racial barriers in your community? -resoinse can be in many forms such as poetry, draft an essay

Focus on creating a unique voice for each character : Limit the descriptive passages and exposition to only the essential. Focus on revealing character and furthering the plot. Focus on creating a unique voice

How did your knowledge of the text change when you slowed : How did your knowledge of the text change when you slowed down and completed the worksheets? . What are you still struggling with? . What do you think

Analyze the advanced capabilities of customizable accounting : analyze the advanced capabilities of customizable accounting software. identify and discuss one specific reporting need that could be used internally

User Account

All Pages