Profit and loss A/c DR. to professional fees A/c

Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same

Question Posted / nilesh

Answer Posted / nilesh

Profit and loss A/c DR.
to professional fees A/c

Is This Answer Correct ?

1 Yes

3 No

Please Help Members By Posting Answers For Below Questions

What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?

2543

MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

1948

write about an e-mail to manager seeking permission for leave

4771

Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1878

explain about mergers & aquisitions? asked on 30/7/09

2000

Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

2140

i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1832

Explain why retained earnings have an opportunity cost associated?

3398

what is the organisation chart for accounting and finance ?

2332

what is the subprime?explain it.

2197

Mention some of the major contributions made by you in your present and previous jobs

6111

What is specific reserve

2494

You have joined company yesterday then you are Appling B1 visa today. why so urgent.

2183

Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?

1994

i want report country wise with invoice number for gl account

2163