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» Sales Commissions

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Nov 8, 2006, 06:56 AM

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accountinggirl is offline

Join Date: Nov 2006

Posts: 1

Sales Commissions

What general ledger accounts do I Debit & Credit when I book an entry for employee sales commissions?

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Nov 10, 2006, 08:20 PM	#2

CaptainForest Finance & Accounting Expert Join Date: Nov 2005 Location: Canada Posts: 3,672	Dr. Employee's Commissions (or a similar account name) Cr. Accounts Payable Then when you actually pay them, Dr. Accounts Payable Cr. Cash

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