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Kobe Company reconives two orders from Windsor Company for products costing $5,000. Answer the following questions about them. 1. The December 20, 2022, order will not be shipped until January 5, 2023. Kobe Company wants to record the rovenue on Decomber 20 so it can include it in the current year's financial statements. As Kobe's accountant, you object to thes accounting treatment. Why? 2. On December 23, 2022, the order is shipped immediately. Kobe Oompany pays a commistion of 5 percent of the saling price to tha sales representative who noceived the order. This comminaion will not be paid until January 2023, Kobe's fiscal year-end is Decomber 31 . When should the joumal antry noedod to account for the sainil oomimission be recorded? Explain. order wordid hive to be delwered, which will not happen until 2023. Thwis, the revenise should be moognized ir 2023 , not 2022 2. On Decembir 23, 2022, the ordet is shipped immediately. Kobe Compeny putys a commistion of 5 percent of the seling price to its sales representative who recenved the order. This commission. Whil not be paid until January 2023 . Kobe's fecal yoar end is December 31 . When should the journul nntry needed to account for the sains commiselion be recorded? Explain. This indicates that all expenses associated with the revenue transuction sheuld be reported Since the sales commistion came about because of revanue