Question

Token payment made to a person, Who voluntarily undertakes a service which would normally command a fee is

Answer 1

Answer:

Honorarium.

Explanation:

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.

Answer 2

Answer:

Honorarium

Explanation:

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