Question: What method do agents in a transaction use to record sales ? Question content area bottom Part 1 A . Agents are not allowed to
What method do agents in a transaction use to recordsales
Question content area bottom
Part
A
Agents are not allowed to record any revenue.
B
Agents in a transaction should use the net method. The net approach records only the net fee as revenue.
C
Agents in a transaction should use the consignment method. The agent recordsrevenue along with the commission expense.
D
Agents in a transaction should use the gross revenue method. The gross revenue approach records the gross amount as revenue.
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