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-   -   Journals (https://www.askmehelpdesk.com/showthread.php?t=525120)

  • Nov 11, 2010, 07:16 PM
    yankz
    Journals
    The journal entry to recognize $1000 of commissions earned but not collected would include a debit to commissions
  • Nov 11, 2010, 07:37 PM
    Just Looking

    Commissions earned but not yet collected are an asset. You want to debit some type of Receivable account. This could be something like Commissions Receivable. The credit will be an income account.
  • Nov 27, 2010, 07:05 AM
    Magda110
    Commissions Receivable - 1000 (debit)
    Commissions revenue - 1000 (credit)

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