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WHAT IS THE ENTRY TOWARDS PAYMENT OF A BRNAD AMBASSADOR OF
A COMPANY

Answer Posted / dinesh sharma

this will be a business promotional expenses. & TDS should
be deducted on account of payment of a professional.(if liable)

entry will be

Dr.Business promotional exp. A/c

Cr.Cash/ Bank A/c

Dr.TDS Payable A/c

Is This Answer Correct ?    7 Yes 0 No



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