Question

Managers's commission is always treated as _____ expenses *

outstanding

accured

unearned

prepaid

​

Answer 1

Answer:

Managers's commission is always treated as _____ expenses *

outstanding

accured

unearned

prepaid

accured

Answer 2

Answer:

prepaid

Explanation:

Manager's commission is an operating expense just as any other expense like salary, rent etc. Manager's commission paid is shown on the debit side of the profit and loss account as it is an expense for the company. There are 2 ways to calculate the amount payable as the manager's commission.