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 / abhay gujarathi
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)
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