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    alexhong's Avatar
    alexhong Posts: 2, Reputation: 1
    New Member
    		  
    #1

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

    Prepayment was commission RM 300.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Nov 9, 2012, 11:37 PM
    Why would you prepay commission?

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