Commission received in advance is of the nature of
Commission received in advance is an example of a representative personal account. A representative personal account is a type of personal account used to record transactions with individuals or organizations on behalf of others. In this case, the commission received in advance represents an obligation to provide services to a specific client or customer in the future. As such, it is a liability owed to that specific client or customer, and is therefore recorded as a representative personal account.
Which is the largest gland in the human body?
Heart transplantation is first done by
Who among the following can terminate the term of the Governor of a state?
Fermentation is a
What is the scientific name of the human species?
The term Vitamin is coined by?
Which of the following disease is caused by the deficiency of iodine in food?
What is the name of the outermost layer of the Sun?
Which of the following hormone used as the medication to facilitate childbirth?
In which part of the body does Crocodiles store fat ?