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

Answer Posted / anil gautam

professional chg a/c dr to 30,000

bank a/c 30000

(ch. no.... professional fees paid )
this is from bank becuase no cash uper 20000 so this from
bank

Is This Answer Correct ?    2 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

1765


Short Answer on _________Business

1755


what is general HR?

1801


Provision of Bad Debts is made in compliance with the convention of -----------

1584


what is the process of excise duty?

2210






which Electrical items is Exciseible

1973


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1877


what is the step in preparing the schedule of audit? can someone explain for me?

1722


what is dividend? how do the use an accountancy?

1724


How & When We Calculate Deffered Tax... Please Give me Some Example.?

1787


what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

1784


Comments Elements in accounting

1539


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

1972


What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

1861


what is the difference between Tally ERP and SAP FI ECC?

2137