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Is commission receivable a credit or debit?

Anonymous

∙ 14y ago

Updated: 9/19/2023

commission receivable is credited

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∙ 14y ago

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What is the journal entry for dividends receivable?

Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit

What is receivable allowance debit or credit?

credit

Is a decrease in accounts receivable debit or credit?

A Credit entry reduces Accounts Receivable

Does interest receivable have credit or debit balance?

credit

Is a Decrease in Interest Receivable a credit or debit?

a decrease in a receivable is a decrease in an asset therefore its a credit.

Related Questions

Is interest receivable debit or credit?

debit

What is the journal entry for dividends receivable?

Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit

What is receivable allowance debit or credit?

credit

Is a decrease in accounts receivable debit or credit?

A Credit entry reduces Accounts Receivable

Does interest receivable have credit or debit balance?

credit

Is a Decrease in Interest Receivable a credit or debit?

a decrease in a receivable is a decrease in an asset therefore its a credit.

Is commission credit or debit?

debit

Are accounts receivable a debit or credit on trial balance sheet?

Debit

What is the double entry for sale?

Cash/Bank/Accounts Receivable [Debit] Sales[Credit]

How do you enter rent received and rent receivable in accounts?

Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable

What would the journal entry be to record an accured revene?

[Debit] Revenue receivable [Credit] Accrued revenue

What would the adjusted entry be for product sold on credit?

When product sold:[Debit] Accounts receivable[Credit] Sales revenueAdjusted Entry:[Debit] Cash / bank[Credit] Accounts receivable

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