Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same
Answer Posted / chaitanya
Professional fees a/c Dr 300000
To consultant ABC a/c 29250
TO TDS A/C 750
(Being amout paid to ABC consultants and reduction of
amoutn on tds at 2.5)
| Is This Answer Correct ? | 4 Yes | 4 No |
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