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Rhea Samantha operates as a booking agent for Caribbean Airlines and is paid on a commission basis. On December 31, 2022 she had commission income
Rhea Samantha operates as a booking agent for Caribbean Airlines and is paid on a commission basis. On December 31, 2022 she had commission income owing for $40,000. During the year 2023 she received commission payment of $600,000 by cheque. At the end of the year she was overpaid by $75,000. How much should Rhea Samantha record as commission income earned for 2023? O $635,000 O $565,000 $715,000 $485 000
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