Where do sales commissions go on the income statement?
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Studied at the University of Manchester, Lives in Manchester, UK.
Sales commissions are a selling expense. Selling expenses are reported on the income statement as part of the operating expenses. Often the operating expenses will appear as selling, general and administrative expenses or SG&A.
2023-05-12 15:01:39
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Olivia Campbell
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Sales commissions are a selling expense. Selling expenses are reported on the income statement as part of the operating expenses. Often the operating expenses will appear as selling, general and administrative expenses or SG&A.