Accountancy, asked by varshaa2393, 3 months ago

commission receivable account journal entry

Answers

Answered by shivanggupta1jun2007
7

Answer:

In the above journal entry according to accounting principle of debit what comes in cash or bank account is debited as cash has come into the business and commission received account is credited as it an income for the company and hence credit all income and gains principle of accounting is followed.

Explanation: PLEASE MARK ME BRAINLIEST BY CLICKING ON SMALL CROWN OPTION

Similar questions