E-commerce
Marketplace Weekly Cash Settlement
Receiving the net payout from the marketplace after commissions and fees.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 1,700.00 | - |
| Receivable: Marketplace | Asset (-) | - | 1,700.00 |
💡 Accountant's Note
This clears the marketplace receivable when cash is deposited into the bank account. Revenue and commission were already recorded separately when each sale and deduction occurred.
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