Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Prepayment was commission (https://www.askmehelpdesk.com/showthread.php?t=715576)

  • Nov 9, 2012, 11:11 PM
    alexhong
    Prepayment was commission
    What is the journal entries for:

    Prepayment was commission RM 300.
  • Nov 9, 2012, 11:37 PM
    paraclete
    Why would you prepay commission?

    A prepaid expense is a prepaid expense, it is treated the same way as any prepayment

    • All times are GMT -7. The time now is 03:22 AM.