plz give me the journal entry for :

1.commission recieved.............5000

2.deposited cash into bank..........10000 & plz explain.

1. Cash A/c Dr.        5,000

    To Commission A/c       5,000

(Commission received in cash)

In this Journal entry, Cash is debited as per the rule of Real Account (that is, debit what comes in--Cash is received) and Commission is credited as per the rule of Nominal Account (all incomes and gains are credited).

2. Bank A/c Dr.        10,000

    To Cash A/c           10,000

(Cash deposited in Bank Account)

In this Journal entry, Bank is debited as per the rule of Personal Account (that is, receiver of the cash) and Cash Account is credited as per the rule of Real Account (credit what goes out).

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 cash  a/c  dr  5000

  to commission a/c 5000

bank  a/c  dr 10000

  To  Cash  a/c 10000

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