Interview Questions Answers in CompanyAffairs CS, Accounting AllOther

abhay

{ City } gandhinagar
< Country > india
* Profession * chartered accountant
User No # 15441

Total Questions Posted # 1
Total Answers Posted # 1

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Questions / { abhay }

Questions Answers Category Views Company eMail

What is Nominal value of Share?

8 CompanyAffairs CS 37783

Answers / { abhay }

Question { 105706 }

Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same

Answer

Professional Fees A/C Dr 30,000
To ABC&Co 30,000
(Being Provision for Professional Fees)

ABC&Co A/C Dr 30,000
to BAnk A/C 30,000
(Being actual payment For Pro. Fees)

Is This Answer Correct ?

24 Yes

23 No