Llamas live wild in South America, mainly in Peru, Chile, Argentina, and Bolivia. However, they have been domesticated and there are farms all over the United States and Canad â¦ a that raise llamas.
Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
Commission Receivable Account. Credit:- Commission Received Account. The commission received will be shown in income side of profit and loss account since it is a revenue income. Note:- Commission receivable account will be shown in assets side of balance sheet.RELATED TERMS: 1  Learn Accounting, Free Accounting Tips. 2  General Accounting Terms.ommission Receivable Account. Credit:- Commission Received Account. The commission received will be shown in income side of profit and loss account since it is a revenue income. Note:- Commission receivable account will be shown in assets side of balance sheet. RELATED TERMS: 1  Learn Accounting, Free Accounting Tips.