Journal entries

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This discussion seeks expert advice on the correct journal entries for a rent payment made by Mr. A. The transaction involves an online payment gateway (Mr. B) and an intermediary (Mr. C), with commissions deducted at each stage. The focus is on determining which party's books should record these entries, specifically identifying Mr. C as the intermediary responsible for accounting for the commission.

Nagarajan Kumaresan

Nagarajan Kumaresan (Querist)
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28 September 2020 Experts please help me out.
What are the journal entries involved in the following transactions. Say rent payment by Mr.A 1.Online payment initiated by Mr.A goes to Mr.B (payment gateway) say Rs.10000 2.Mr.B settles to Mr.C (intermediary) Rs.9800.00 3. Mr.C finally settles to Mr.D(end user) Rs. 9700. Total commission Rs.300 beared by Mr.A.
C raise invoice for Rs.300