The abbreviation for "commission" is often "Comm." It can also be represented as "Cm." depending on the context. In business or financial documents, "C" might also be used in specific instances.
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
Accrued commission is commission that builds up over time. Commission is what you earn, usually a percentage, from a sale of something.
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.
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
AZ
no
yds
2583
Descipe isn't a word.
Descipe isn't a word.
The Abbrevition for Moderate is Mo
http://en.wikipedia.org/wiki/Www
Internet Relay Chat.
what is abbrevition GLS when tell about car engine
U-boat/U-boot/U-bout = UnterseeBoot... Under Sea Boat.
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.