Oral Update of the International Commission of Human Rights Experts on Ethiopia to the UN Human Rights Council, Geneva


We already have the Accounts receivable Debit in the Journal entry. If AR is on credit side, then the debit side is only the leftover portion.

It is an income to the entity against providing some services or making affiliate sales. Despite other crises that the council must deal with, Member States must not look away from the situation in Ethiopia. As stated earlier, we are extremely alarmed by ongoing atrocities against civilians, including events reported in the Oromia Region. Any spread of violence against civilians, fuelled by hate speech and incitement to ethnic-based and gender-based violence, are early warning indicators and a precursor for further atrocity crimes. These and the protracted humanitarian crisis including blockades to food and medical aid, supplies and services poses grave risk to the Ethiopian civilian population and the region. The Commission is alarmed that violations and abuses of international human rights, humanitarian and refugee law – the subject matter of our inquiry – appear to be perpetrated with impunity even now by various parties to the conflict in Ethiopia. The commission emphasizes the responsibility of the Government of Ethiopia to bring to an end such violations on its territory and, bring those responsible to justice.

Practical Example – for Commission expenses

However, the classification of these revenues may differ based on various factors. Usually, companies that primarily earn commission income must classify these revenues under sales or operating income. For this purpose, the recognition of commission income will follow the same rules as revenues. Commission income allows companies or brokers to earn by acting as a facilitator of transactions. As mentioned, usually, they receive a percentage of sales proceeds or a fixed amount. This amount becomes their income for the services they provide.


Normally the amount of commission is mutually agreed by both the parties according to the contract made by them. It is important to keep a detailed ledger and count all accrued commission journal entries and commissions receivable. If improperly organized, it is possible to reflect a snowball of incorrect figures on financial statements. DateParticularsDrCrCommission Expense XXXXBank/Cash/PayablesXXXXHowever, companies may also choose to represent these expenses as a part of administrative or other expenses. Regardless of the classification, the accounting treatment will be similar.

Commission Received in Cash

This income comes from customers to whom these parties provide services. The broker or company helps deliver or sell these products to consumers. In exchange, they receive a fee based on the number of units they sell. For example, in the pharmaceutical sector, companies pay their representatives to sell products to hospitals directly. The more of these products the brokers sell, the higher commissions they will earn. In most circumstances, companies use sales units for payments. Some companies hire intermediaries to help facilitate sales to customers.

  • The Metro Washington Airports Authority Police received their Third Re-accreditation Certificate under Chief David Huchler’s leadership.
  • As a condition to Seller’s obligation to pay the commission, Broker shall execute the signature page for Broker attached hereto solely for purposes of confirming the matters set forth therein.
  • After the transition period ends on March 1, 2022, the monthly discount for all legacy EBB participants not located on qualifying Tribal lands will be reduced to $30.
  • Payment of Commissions Payments of sales commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer.

Usually, companies set a commission rate for every sale or transaction. In some circumstances, companies may also pay a fixed salary regardless of the number of transactions. However, the primary source of income for those brokers will be the commissions they earn. For example, companies may pay their sales force 10% of sale proceeds for each product they help sell.

What is required for commission income?

Therefore, companies can record it using the following journal entries. For some companies, the commission expenses may also fall under the cost of goods sold. However, companies must be using the contribution margin income statement. These expenses will also follow the same principles as for others. For example, companies must record them under the matching and accrual principles. However, the process will differ for companies that have a primary operation other than earning commissions.


These intermediaries may include retailers or wholesalers who serve as a distributor for a company’s products. In some cases, companies may also hire salespeople to sell products directly to customers. In exchange for their services, companies pay commissions in exchange. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing.

What is Accounts Receivable Collection Period? (Definition, Formula, and Example)

A commission is an amount paid to a broker for facilitating a sale or transaction. It may fall into commission income or COMMISSION RECEIVED expense based on the source. Usually, the accounting for commission income and expense differs based on several factors.

What is a zero error?

zero error

Any indication that a measuring system gives a false reading when the true value of a measured quantity is zero, eg the needle on an ammeter failing to return to zero when no current flows. A zero error may result in a systematic uncertainty.

For example, the most recent events in Western Oromia, clearly fall within the mandate of the Commission and require immediate, urgent and thorough investigations, yet we lack the capacity to do so. I will be frank and say that if this Council expects us to achieve what it requested last December, we need more resources. We appeal to member states for technical , logistical and financial support. The Commission is also mandated to provide guidance and technical support on transitional justice including accountability, national reconciliation, healing and make https://simple-accounting.org/ recommendations to the Government of Ethiopia on these measures. The Commission recently received applications from the sponsors of the following projects for approval pursuant to Section 3.8, Article 11, and/or Section 10.3 of the Delaware River Basin Compact. Mr. Harvey Powers, Director of the DCJS Law Enforcement Services Division, presents Chief Stuart Bowen and Captain Johnson their initial VLEPSC accreditation award. The Bedford County Sheriff’s Office had their reaccreditation presentation on March 28, 2022 during their Board of Supervisors Meeting.

Payment of Commissions Payments of sales commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer. Sales commissions and such other fees due to the Dealer pursuant to this Agreement will be paid to the Dealer within 30 days after their receipt by the Dealer Manager. The Dealer, in its sole discretion, may authorize Dealer Manager to deposit sales commissions and any other fees or payments due to it pursuant to this Agreement directly to its bank account. If the Dealer so elects, the Dealer shall provide such deposit authorization and instructions in Schedule 1 to this Agreement.

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