Accountancy, asked by DHRUVG2095, 1 year ago

General entry for received commission half of which is in advance

Answers

Answered by Alcaa
2

Answer:

Cash A/c   Dr

    To Commission received A/c

(When the total commission is received,it is entered here)

Commission Received A/c   Dr

   To Commission received in advance A/c

(Now half of the advance amount is to be entered here)

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