Financial Accounting A salesperson earns a base salary of $1,840 permonth and a commission of 7.2% on theamount of sales. If the salesperson has apaycheck of $4,306 for one month, what wasthe amount of sales for the month?

Step 1: Define Paycheck and CommissionFor salesmen where the amount of money generated is directly…

Answered: A salesperson earns a base salary of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...

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A salesperson earns a base salary of $1,840 per month and a commission of 7.2% on the amount of sales. If the salesperson has a paycheck of $4,306 for one month, what was the amount of sales for the month?