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Categories >> Accounting >> Accounting-AllOther
 
 
 
Question
Professional fees of Rs.30000/- is paid to a consultant ABC 
& Co.
please pass the necessary entry for the same 
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
Answer
Professional Fees A/C Dr   30,000
      To ABC&Co                   30,000
(Being Provision for Professional Fees)

ABC&Co A/C       Dr        30,000
      to BAnk A/C                 30,000
(Being actual payment For Pro. Fees)
 
0
Abhay Gujarathi
 
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