4-Salaries and Commissions-Chapter 28
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Salaries and Commissions Payable in a Real Estate Brokerage Salaries and commissions payable represent amounts owed by the brokerage to its employees and agents for services rendered. This includes payroll obligations for salaried employees, such as administrative staff, and commission payments to real estate agents based on closed transactions. For real estate brokerages, commissions payable […]