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 |
Post New Answer View All Answers
distinguish between price rate and time rate?
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
what is sales life cycle???
what is mean by traditional accounting ?
How i pass the share holders capital entry in Tally? How to set this option in Tally?
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
what is Rectification of Errors ?
Expand---------NPTO
Short answer on Amalgamation
why do we charge the depreciation
Difference Between Revenue & Capital Expenditure (Give an Example of each )
Short Answer on -----Trade mark
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
What elements of your job do you find most difficult
What type of question generally asked in Brokerage Firm ?