Whether incentive provided on sales, based on last month sales target is a discount or promotional expense or sales commission?

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Incentive to sales people should be classified as Selling Expenses or Employees'...
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Muhammad Shahid Hamid
01-April-2014

Also suggest accounting impact.

Accounting IAS IFRS Incentive Trips Accountancy

Question added by Mujibur Rahman ACCA , Founder And CEO , MR-Accountants
Date Posted: 2016/07/26

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1 Answers

by Mohamed Azmy , accounting manager , Leverage for Financial Services

Sales commission

Dr. commission expense

Cr. commission payable

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