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 / satyendrayadav
PROFESSINAL FEES A/C DR.30000
TO ABC&CO. LTD 30000
TDS ON PROFESSIONAL FESS DR.3090
TO ABC&CO, LTD 3090
ABC&CO. LTD DR. 26910
TO CASH/BANK A/C 26910
TDS ON PROFESSIONAL FESS DR.3090
TO CASH/BANK A/C 3090
| Is This Answer Correct ? | 3 Yes | 18 No |
Answer / kuldeep srivastava
Proffessional fees A/c Dr.26910
To ABC&CO. 26910
| Is This Answer Correct ? | 4 Yes | 20 No |
Answer / ramya t. d
ABC & Co A/c Dr Rs/- 30,000
To Cash A/c Rs/- 30,000
| Is This Answer Correct ? | 9 Yes | 33 No |
Answered but misspelled pl correct PROFIT AND LOSS ACCOUNT HELPS US TO KNOW (ANS.EENTRSULT)
what is diff between p&l & trading a/c
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
What is Average Due date
what is budgetory control and what are the types
Expand-------GDR
Decrease in the amount of Debtors result in 1.Increase in cash 2.Decrease in Cash
What part can management policy play in the analysis of cost behaviour?
Classification of Bank A/c and Bank OD account
what is ADVANCE,DECLINE ratio. also explain how it helps the investor to predict the stock market movements?
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
Transfer nett profit of Rs 325000/- to Reserves and Surplus