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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 / satyendra
PROFESSIONAL FEES 30000
TO ABC & CO. 30000
ABC & CO. 3090
TO TDS ON PROFESSIONAL FEES 3090
ABC & CO. 26910
TO CASH/BANK 26910
TDS ON PROFESSIONAL FEES 26910
TO BANK/CASH 26910
| Is This Answer Correct ? | 7 Yes | 15 No |
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