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Journal entry for commission received in …

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Journal entry for commission received in advance

    • Posted by Adrika L Pareeek 2 months, 3 weeks ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Rishab Kandwal 2 months, 2 weeks ago

    Bank A/C dr To Adv. Commission A/c. Expl. As per modern rules of accounting assets when increases is debited thus bank being our asset will get debited Whereas adv commission will become a liability.

    0Thank You

    Tanisha Chaudhary 2 months, 2 weeks ago

    Commission received a/c Dr. To Commission received in advance.

    0Thank You

    ANSWER
    http://mycbseguide.com/examin8/

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