Accountancy, asked by kiyasw, 6 months ago

commission due but not paid journal entry

Answers

Answered by YashodharPalav5109
12

Answer:

Journal entry for accrued income recognizes the accounting rule of “Debit the increase in assets” (modern rules of accounting). Examples of accrued income – Interest on investment earned but not received, rent earned but not collected, commission due but not received, etc.

Answered by pallavidevadiga
4

Answer:

accrued commission a/c Dr

To commission a/c

Explanation:

because commission is not received

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