Business Studies, asked by mwcheng12, 1 year ago

commission outstanding account is

Answers

Answered by OfficialPk
37
Commission Account is a Nominal but Outstanding Commission Account is a Personal Account; CommissionReceived in Advance Account is also a personal Account. 

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Answered by sangeeth62
0

Explanation:

simply Outstanding means you have not paid by the period so as per IT act & companies act you need to transfer those expenses to outstanding account.✌✌

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