entry for commision not paid rps2000 with explaination
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When del credere commission is not allowed by the consignor to the consignee, it means that the consignor is responsible for bad debts himself. So, debtors will arise in his books of accounts. Therefore, the entry will be passed by debiting consignment debtors account and crediting the consignment account i.e.
Consignment Debtors A/c. Dr.
To Consignment A/c
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