What is the Journal Entry for fees paid on behalf of someone?
For example, "Accountancy fees paid on our behalf by Mr X"
and "Amount paid to Mr x (In regards to accountancy fees) from personal bank a/c"
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Answered by
10
Answer:
Fees paid A/C Dr. Rs. (amount)
To Mr. X A/C Rs. (amount)
Mr. X A/C Dr. Rs. (amount)
To cash A/C Rs. (amount)
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1
Answer:
refer to the attachment above for ur answer
Explanation:
hope it helps you ^_^
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