Question

received commission of 20000 by cheque,half of which is in advance​.
pass the 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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Answer 2

Answer:

Date| Particulars | L/F | Debit ( RS) | Credit ( RS)

1. | bank a/c. dr. | rs 20,000|

| To commission received a/c. |rs20,000

| advance commission a/c

| ( being commission

received in advance)