If Expenses, in a Proprietorship, Are Paid in Cash, Then

question 89

Multiple Choice

If expenses, in a proprietorship, are paid in cash, then

• A) assets will increase.
• B) liabilities will decrease.
• C) owner's equity will increase.
• D) assets will decrease.

Determine gross pay by combining salary and commission earnings.

Derive net proceeds from sales after accounting for commissions.

Compute total pay including salary, commissions, and bonuses.

Analyze and apply different commission rates to sales scenarios.