Action Accounting
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Twilight Travel
Double Entry: Transaction 4 / of 6
Scene 15
/ of 48
Introduction
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Double Entry
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Jan 28: Cheque for €31,000 in relation to commission receivable lodged to the bank account.
Which account should be debited?
Bank Account
Commission Receivable Account
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Yes, the bank account should be debited and the commission receivable account should be credited.
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Are you sure? Try again.
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Are you sure? Is the bank receiving in the money or paying out the money?
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