I am a prepaid distributor of Airtel and got the commission in form of recharge near about 1%
e.g
purchase of 10000 prepaid recharge
dr Bharti airtel 10000
Cr bank a/c 10000
dr recharge 10000
Cr Bharti Airtel 10000
sales entry
dr cash 10000
Cr recharge 1000
commission entry
Cr commission 100
dr Bharti Airtel 100
then what is the entry for
TDs rs. 10 and stock added of rs. 90
CAclubindia
