Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same
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Answer Posted / umesh tayal
Professional fees A/c Dr. 30000/-
To ABC & Co.A/c 26601/-
To TDS on Professional 3399/-
(Being Expencess book for Professionl Services TDs
30000@11.33%)
ABC & Co. A/c. Dr. 26601/-
To Cash/Bank A/c. 26601/-
( Being Bank/Cash Paid to ABC & Co.)
| Is This Answer Correct ? | 18 Yes | 15 No |
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