Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
if Commission is received then it is revenue but if commission is paid then it is expense, if commission is receivable then it is asset while if it is payable then it is liability.
Accrued commission is commission that builds up over time. Commission is what you earn, usually a percentage, from a sale of something.
If Advance Commission paid: [Debit] Prepaid Commission xxxx [Credit] Cash/Bank xxxx If advance commission received: [Debit] Cash/Bank xxxx [Credit]Unearned Commission xxxx
commission receivable is credited
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
civil service commission, commission on election, commission on audit
The Commission on Audit, the Civil Service Commission, and the Commission on Elections.
sayman commission
if Commission is received then it is revenue but if commission is paid then it is expense, if commission is receivable then it is asset while if it is payable then it is liability.
Accrued commission is commission that builds up over time. Commission is what you earn, usually a percentage, from a sale of something.
debit commission receivablecredit commission income
I beleive that the Nuclear Regulatory Commission (NRC) is a Regulatory Commission.
He was sentenced to 20 years in prision for the commission of his crime.She was paid a commission of 15% for every item she sold. He had a high approval rating during his commission in office.
The correct spelling is commission.Some example sentences are:I will commission a family painting.He makes a lot of commission from his sales.
finance commission
a booth that makes commission