(SOLVED)- A music store sells new instruments The store also sells


Question Description:

$19

A music store sells new instruments. The store also sells used instruments for people who are willing to give the store part of the sales price. The sales of used instruments, called commissions, amount to about one- fourth of total sales. On the firm’s classified income statement under the Revenue heading are both New Instrument Sales and Sales Commissions. Comment on this practice.

Answer

$19