Interview Questions Answers in Accounting AllOther

srinivas reddy

{ City } hyderabad
< Country > india
* Profession * accounting
User No # 21585

Total Questions Posted # 0
Total Answers Posted # 1

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 10
Users Marked my Answers as Wrong # 8

Questions / { srinivas reddy }

Questions Answers Category Views Company eMail

Answers / { srinivas reddy }

Question { 103136 }

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

Answer

PROFFESSINAL Fee DR. 30000
TO ABC&CO. 26910
TO TDS a/c(10+3)% 3090
(provision created for profesional fee and TDS deducted)

ABC & co. Dr 26,910
To Bank 26,910
(Professional fee paid to ABC & Co.)

Is This Answer Correct ?

10 Yes

8 No