Question

received comission of 20000 by cheque half of which is in advance do journal entry​

Answer 1

Answer:

Bank A / C ... Dr. 20,000

To Commn . Received A / c ... Cr . 10,000

To Commn . Recd. in Advance A / c ... Cr . 10,000

This is a Compound journal entry for your question .

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