Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same
Answers were Sorted based on User's Feedback
Answer / nivedita paunikar
Dr TDS on Professional Fees ( 10.30 % ) 3090=00
Cr Cash / Bank 3090=00
( Being TDS on Professional Fees of ABC CO paid )
Is This Answer Correct ? | 1 Yes | 5 No |
Answer / iftequar
Consultant ABC Company a/c Dr
to cash a/c
Narretion (being cash paid to consultant abc compaby)
Is This Answer Correct ? | 0 Yes | 4 No |
Answer / ram niwas sarswat
PROFESSIONAL FEES A/C 30000 DR
ABC & CO. 30000 CR-
-------------------------------------------------
ABC & CO. 30000 DR
BANK 30000 CR
--------------------------------------------------
ABC & CO. 3090
TDS ON PROFE.FEES 3090 CR
Is This Answer Correct ? | 4 Yes | 9 No |
Answer / anil gautam
professional chg a/c dr to 30,000
bank a/c 30000
(ch. no.... professional fees paid )
this is from bank becuase no cash uper 20000 so this from
bank
Is This Answer Correct ? | 2 Yes | 7 No |
Answer / kuldeep srivastava
PROFFESSINAL FEES A/C DR. 30000
TO CASH/BANK A/C 30000
Is This Answer Correct ? | 6 Yes | 12 No |
Answer / satyendra
PROFESSIONAL FEES 30000
TO ABC & CO. 30000
ABC & CO. 3090
TO TDS ON PROFESSIONAL FEES 3090
ABC & CO. 26910
TO CASH/BANK 26910
TDS ON PROFESSIONAL FEES 26910
TO BANK/CASH 26910
Is This Answer Correct ? | 7 Yes | 15 No |
Answer / kuldeep
PROFESSINAL TAX DR.26910
TO CASH/BANK A/C 26910
TDS ON PROFESSINAL TAX A/C DR. 3090
TO CASH/BANK A/C 3090
Is This Answer Correct ? | 2 Yes | 12 No |
Answer / kuldeep srivastava
PROFFESSINAL TAX DR. 30000
TO ABC&CO. 26910
TO CASH/BANK A/C 3090
Is This Answer Correct ? | 3 Yes | 14 No |
Answer / kuldeep srivastava
ABC&CO.LTD DR. 26910
TDS ON PROFESSIONAL TAX DR. 3090
TO CASH/BANK A/C 30000
Is This Answer Correct ? | 2 Yes | 14 No |
Answer / satyendra yadav
PROFESSINAL FEES DR.26910
TO CASH/BANK A/C 26910
TDS ON PROFESSINAL FEES A/C DR. 3090
TO CASH/BANK A/C 3090
Is This Answer Correct ? | 1 Yes | 14 No |
what is the exise duty and what rs
What is the meaning of Journal Ledger?
which are company offering jobs in PORTFOLIO MANAGEMENT ?
How many types of routing protocols?
Give some reasons for disagreement of the balances between cash and pass book.
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
Expand ________FAQ
WHAT IS ACOUNT PAYABLES AND ACCOUNT RECIEVABLES?
you purchase a machinary on a loan what is the joury entry for that and where will you show the the loan amount in balance sheet and show the ledger account?
Does the Summary Income and Expenditure account in the Charities SORP comply with the Companies Act 1985?
capitla budgeting
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return