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

Answer Posted / 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



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