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What will be the journal entry if you received net commission after deducting prev month gross commission?
The journal entry for receiving commission is as follows: Cash/Bank [Debit] XXXX Commission[Credit] XXXX
What is the journal entry for commission paid?
Debit Commission expense Credit Cash / bank
What is journal entry for commission paid?
debit commission expensecredit cash / bank
What will be the journal entry for commission received?
[Debit] Cash account xxxx [Credit] Commission received xxxx
Commission received what is journal entry?
Journal entry:[Dr.]Bank account xxxx[Dr.]Cash account xxxxx[Cr.]Commission Received xxxxCommission received is credited because it is our income and incomes are credited.
What will be the journal entry if you received net commission after deducting prev month gross commission?
The journal entry for receiving commission is as follows: Cash/Bank [Debit] XXXX Commission[Credit] XXXX
What is the journal entry to record an accrued commission?
debit commission receivablecredit commission income
What is will be the journal entry of recognition of comission payable?
Debit commission expenseCredit commission payable
What is the journal entry for commission paid?
Debit Commission expense Credit Cash / bank
What is the journal entry for commission to be paid?
[Debit] Commission expense xxxx [Credit] Commission payable xxxx
What is journal entry for commission paid?
debit commission expensecredit cash / bank
What will be the journal entry for commission received?
[Debit] Cash account xxxx [Credit] Commission received xxxx
What entry would you make in the general journal for commission received?
Debit cash / bankCredit commission received
Commission received what is journal entry?
Journal entry:[Dr.]Bank account xxxx[Dr.]Cash account xxxxx[Cr.]Commission Received xxxxCommission received is credited because it is our income and incomes are credited.
What is the journal entry for commissions paid to a salesman?
[Debit] Commission paid xxxx [Credit] cash / bank xxxx
Journal entry of commicsion receivable?
Post to Commissions Earned, an income account and Commissions Receivable, a current asset account.
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
