managers commission on sales will treated as appropriation mentioned in deed
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Quick Summary
This discussion clarifies how managers' commission on sales is handled within an appropriation account. It confirms that commission can be debited into this account as part of an internal arrangement between managers and the company. The key takeaway is that if managers agree to commission on sales, it can be formally accounted for.
Yes and no. The appropriation account allows commission to be debited into the account. It is internal arrangement if they agree for commission on sales.