Commission to salesman paid by cheque. How to journalize these transaction ?!!
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Answered by
2
HEY. ...
JOURNAL ENTRY WILL BE
COMMISSION AC DR
TO BANK AC CR.
MAYBE IT HELPS 4 U
JOURNAL ENTRY WILL BE
COMMISSION AC DR
TO BANK AC CR.
MAYBE IT HELPS 4 U
Answered by
2
Commission paid to sales man is an expense
so
commission expense (Debit)
payment is made through cheque so
Bank account (Cr.)
aboodsaeed223:
Thnax
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