Commission payable to ram for rs. 50 was wrongly recorded as commission receivable from him.
What will be the correct enty? And rectify entry?
RS 50 NO ISSUE
2 Replies
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 28 July 2023
COMMISSION A/C DR.
TO RAM
IS THE CORRECT ENTRY .
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
