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Under which Head

Accounting Entries 645 views 2 replies

Hi,

          We paid Rs.3000 to Hotels association, Annual Subcription fees. Under which GROUP and also which proper  LEDGER a/c it will come ..................,,,,,,,,,,,,,,,,,,,,,,

Replies (2)

I think it sud be posted under Staff welfare a/c.

 

It should be taken to "Association Fees" or " Subscripttion Charges" and the grouping is under the Indirect expenses which we can claim as an expense in arriving at the income tax payable


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