Sales commission entry
This query is : Resolved
05 December 2012
A party (Ledger) in whose favour sales commission entry is pass, can we show the same ledger under unsecured loan.
06 December 2012
There is no need to shown under the head unsecured loan because it not a loan . And for company receiving sales commission it is a indirect income for them so it is shown under the head indirect income which should be credited to the P&L A/c.
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