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Stitt Homes,Inc

Question 179

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Stitt Homes,Inc.pays its sales personnel 6% commission of the selling price of each home.During November of 2014,sales people sold $18,400,000 of homes.During December,2014,sales people sold $20,050,000 of homes.Because its policy is to pay commissions only in the month after the sales,Stitt paid commissions during December for November,2014.During January of 2013,Stitt paid its sales people commissions for December,2014.
Stitt Homes,Inc.pays its sales personnel 6% commission of the selling price of each home.During November of 2014,sales people sold $18,400,000 of homes.During December,2014,sales people sold $20,050,000 of homes.Because its policy is to pay commissions only in the month after the sales,Stitt paid commissions during December for November,2014.During January of 2013,Stitt paid its sales people commissions for December,2014.

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