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A real-estate agent earned a commission of 4300 on the sale of an 86000 house. Which statement below identifies a commission that is at the same rate?
Adh99
A commission of $2,600 on the sale of a $52,000 house.
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∙ 12y ago
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Over a four week period gail earned the following commissions week one 250.00 week 2 310.00 week 3 275.00 and week 4 195.00 what was weekely average commission?
$257.50
Another word for earned?
To have earned something means that one has the right to claim it. Some synonyms for "earned" are: won, yield, warrant, and deserved.
Pat earned 60 dollars less then tony they made 500 how much did they both earn?
Pat earned $220 Tony earned $280
What is an amount of money earned on a principal called?
The amount of money earned on a principal called is interest
What portion of total income earned by Americans is unearned income or income other than earned income?
Mmhg
How do you use math in realestate?
Well you may use math by calculating your collected income from commission you' ve earned. For example, say you sold a $300,000 home. Most realestate agents get paid about 3% of the closing value of the home. So you would do 300,000x.03 and you would get $9,000. But don't foget about taxes, which is always 10%. So 10% of $9,000 is $900. So then subtract 900 from 9000. Then the realestate agent knows that he/she will be getting about $8,100 from selling the home. Hope that helped!!!
What is the difference between a realestate agent and a realestate broker?
A realtor is authorized to assist with peopling trade land, and is paid a commission when an arrangement is finished. The specialist might address either the purchaser or the dealer. A land representative does likewise work as a specialist however is authorized to work freely and may utilize specialists.
Is commission considered earned income?
Yes.
Are commissions earned an income statement acccount?
They Don't go on the balance sheet unless they are currently earned but owed at a later date. When paid out at the time they are earned they would be assigned to the Income & Expense statement as an expense to "sales commission's Expenses". The only time they would show up on the balance sheet if they were earned but not yet paid out then they would be credited to the accounts payable column in current liabilities as maybe "sales commisions owing" against a debit to the expense account ......... expense account - sales commissions $xxxx Dr - liability account - Sales Commissions owing $xxx Cr
What is a 10 letter word for the incentive pay earned by a salesperson?
A salesperson earns commission.
What is commission rate for home-owner's insurance?
The commission rate is the commission earned by the agent or broker who places the policy wit the company.
Does fees earned go on an income statement?
income statement
How do you find what was the commission percentage 120 earned out of 2400?
Commission percentage can be calculated as follows: commission percentage = 120/2400 *100 = 5%
Which financial statement shows the net income earned by a company?
The income statement.
Find the commission earned for a sales of 2000 at a 7.5 percent commission rate?
I think it would be thirteen and one third percent
What is a sentence using the word commission?
He was sentenced to 20 years in prision for the commission of his crime.She was paid a commission of 15% for every item she sold. He had a high approval rating during his commission in office.
What does the statement of changes in retained earnings consist of?
The statement of changes in retained earnings, also known as the statement of earned surplus, is documentation that only details the changes in earned capital: the net income and the dividends for a given period.
