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What amount unit should roberto orcajada report

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Problem 1: Roberto Orcajada Realty pays Commissions to its sales staff at the rate of 3% of net sales. Sales staff are not paid salaries but are given monthly advances of Advances are charged to commission expense, and reconciliations P15,000 aga commissions are prepared quarterl Net sales for the year ended Mar. Against 31, 2019 were P15,000,000. The unadjusted Dalance in the commissions as Count on March 31, 2019 was P400,000. Marcn aavances were paid on Apr. 3, 2019, In its income statement for the year ended Mar. 31, 2010 What amount unit should Roberto Orcajada report as commission expense? , What amount should year ended Mar. 31, 2019,

a. P465,000

b. P450,000

C. P415,000

d. P400,000

 

Reference no: EM132789567

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