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 / ashok l k , fca, aicwa,fcs
Professional charges A/C Dr 30,000.00
To TDS On Professional/Technical charges 3,090.00
To bank 26,910.00
(Being the professional charges paid to ABC & Co after
deducting TDS on professional / technical charges @ 10.30%
now accounted )
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