Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same
- 43 Answers
- 94390 Views
- I also Faced
- E-Mail Answers
Answer Posted / aakash
Professional Fees Dr. Rs 30000
To A B C Consultant Company 27000
To T.D.S. Payable 3000
A B C Consultant Company dr 27000
To Bank 27000
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
fridge was capital or revenue?
Can you explain about the distinction of Book-Keeping and Accounting
What is the Finalization of Accounts?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
What is DECR And for wt it is used?
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
what is portfolio Saint?
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
What was use of tally erp 9? Types of vat?
what is the use of special general ledger if the normal trasaction in usage.
Purchase book is a ----------journal
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
what is the good prasentation on interview
