Received commission * 25,000, half of which is in advance.
8. Journalise the following transactions of Singh Enterprises, Delhi
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cash AC...... dr 12,500
to commission AC 12,500
cash AC...... dr 12,500
to prepaid commission AC 12,500
if you are comfortable then :-
cash AC..... dr 25,000
to commission 12,500
to prepaid commission 12,500
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