Menu
Audit Fees
Can audit fees of a private limited company be paid by a sister concern which ia partnership firm.
Thanks for your reply
Replies (4)
i think it can be paid by sis concern, but give transfer entry TO pvt ltd co BY partnership firm for the amt paid.
IT CAN BE PAID BY THE FIRM.
THE CORRECT ENTRY WILL BE:
AUDIT FEES Dr.
TO PARTNERSHIP FIRM
Yes payment can be made on behalf of the company. But expenses will be booked in the books of the company only.
Yes yes.. rightly they can pay? why cant pay?
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
