Question

commission due but not paid

Answer 1

Answer:

if a company owes for commission on recent sale But has not yet paid or recorded them an accural adjusting entry is made so they are included in the commission expenses reported on his incoming statement and are also reported as co

commission payable on its balance sheet

Explanation

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Answer 2

Answer:

If a company owes for commissions on recent sales, but has not yet paid or recorded them, an accrual adjusting entry is made so they are included in the commissions expense reported on its income statement and are also reported as commissions payable (or included in accrued liabilities) on its balance sheet.