lawyer fee paid 40000 entry in tally
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Answered by
3
Answer:
professional charges A/c Dr 40000
To cash or bank A/c 40000
(being lawyer fees paid )
Explanation:
as lawyer services is professional services , therefore professional charges head will be debited
If its cash transaction cash is credited
if its paid by cheque or credit card , debit card , demand draft are credited
Answered by
3
your journal entry will be:
professional fees a/c. Dr. 40000
to bank a/c. 40000
(being lawyer fees paid )
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