commission sale

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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May 2, 2014 at 4:49 am #167071
Mou
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how to deal with commission sale
May 4, 2014 at 8:47 am #167318
MikeLittle
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The goods are not “yours” so you do not record the sale price as your revenue nor include the cost as part of cost of sales.
Instead, record the amount of the commission received as “sundry income” or “other income” or even “commission income”
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