Essays, Papers: in current category
Title: Aaa
Essay Details
Subject: Technology
Date: March 22, 2002
Length: 3 / 617
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)
Essay text:

GuCo had 19X5 sales of $500,000, but paid only $21,000 in commissions. How much does GuCo accrue in commissions on December 31? Mastering Adjusting Entries 20 SOLUTION 1: To compute: $500,000 sales for 19X5 x 5% = $25,000 commissions payable in 19X5...
Showed first 250 characters

Do you need an essay?
Here are the options you can choose from:
Custom essays:
  • Order plagiarism free custom written essay
  • All essays are written from scratch by professional writers according to your instructions and delivered to your email on time
  • Prices start from $12.99/page
FULL access to essays database
  • This option gives you the immediate access to all 184 988 essays
  • You get access to all the essays and can view as many of them as you like for as little
    as $28.95/month

$25,000 payable $21,000 actually paid = $4,000 accrued commissions. The adjusting journal entry is: Commissions Expense 4,000 Commissions Payable 4,000 To accrue 19X5 commissions PROBLEM 2: On December 31, SuCo receives a $740 phone bill that it will pay the following month...
Showed next 250 characters

If you cannot find any suitable paper on our site, which happens very rarely, you can always order custom written paper which will be written from scratch by our professional writers and deliver to you on requested time.
  • Your research paper is written by certified writers
  • Your requirements and targets are always met
  • You are able to control the progress of your writing assigment
  • You get a chance to become an excellent student!
Total price: $ 10.00
Common topics in this essay:
Closing Sales, Sales Management   SEx Sales   Sales pitching   Sales plan   Sales   Sales   Sales   Sales   sales   sales   Sex Sales   organ sales   Commissions for 2nd Year GCSE Dance   Sales   K and N Sales  
Similar Essays:
Title Pages / Words Save
Hallstead Jewelers
1. How has the breakeven point in number of sales tickets (number of customer orders written) and breakeven in sales dollars changed from 2003, to 2004, and to 2006? How has the margin of safety changed? What caused the changes? 2...
3 / 671
Network Marketing Industry
If you haven't had the time to explore YTB further by checking out the information available at or my YTB provided website www...
6 / 1507
Pre-Paid Legal
The key success factor of PPLS was most notably their two sources of revenue, specifically the multi-level source which also afforded them cheap marketing...
2 / 308
I met Charlotte Easterling the "central hub", the administrative assistant of the entire firm. Regina King, the accounting manager she works on the payroll, which she outsources, pays bills and payables...
2 / 316
Victoria Kite Company
The next three months beginning January 1, 2005. 1) It desires an ending minimum cash balance of $5,000 each month. 2) Sales forecasted at an average wholesale selling price of $8 per kite...
2 / 393
paper paper
Adam has a staff of five salespersons. His salespersons are paid a small salary, but the bulk of their income comes from commissions. The commission has two components...
2 / 471
Accrued expenses are expenses that have been incurred, but not yet paid for. To put it another way, an accrued expense is paid after being recorded on the books...
3 / 617