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the company earned $1,600 of commissions revenue that is not yet recorded at month-end. record the required adjusting entry, if any.


Debit Accounts Receivable $1,600, Credit Commissions Revenue $1,600.

  • Q: What type of adjusting entry is required here? A: Accrual adjusting entry is required here.
  • Q: What account needs to be debited? A: Accounts receivable needs to be debited for $1,600.
  • Q: What account needs to be credited? A: Commissions revenue needs to be credited for $1,600.