Question

8. Token payment made to a person, who voluntarily undertakes a service which would
normally command a fee is​

Answer 1

Answer:

Honorarium

Honorarium – It is a token payment made to a person who voluntarily undertakes a service which would normally command a fee. It is shown as an expenditure in Income & Expenditure A/c.

Explanation:

Answer 2

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Honorarium_

Answer 3

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Honorarium_

Answer 4

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Honorarium_