Question

What is commission payable on sales .
What is its effects on final accounts
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Answer 1

Answer:

Mark as brainlist and like it

Explanation:

Under the cash basis of accounting, you should record a commission when it is paid, so there is a credit to the cash account and a debit to the commission expense account. You can classify the commission expense as part of the cost of goods sold, since it directly relates to the sale of goods or services.

Answer 2

Answer:

Look at the given attachements

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